Lake Country Christian School

Analysis

Lake Country Christian School is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 1992, 34 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lake Country Christian School reported income of $8.7m and spending of $9.1m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $8.7m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Country Christian School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Foothill AIDS Project ($8.7m), Two Rivers YMCA Inc ($8.7m) and Fund for Medical Research and Education ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $10.9m against liabilities of $2.6m, net assets of $8.3m. It reported 104 employees.