McKinney Christian School

Analysis

McKinney Christian School is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, McKinney Christian School reported income of $15.6m and spending of $10.7m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $15.6m (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McKinney 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 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Stemcivics Inc ($15.6m), South Buffalo Charter School ($15.6m) and Renbrook School Incorporated ($15.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 60% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $34.1m against liabilities of $17.9m, net assets of $16.3m. It reported 171 employees.