Faith Christian School Inc

Analysis

Faith Christian School Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in March 1999, 27 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 July 2023, Faith Christian School Inc reported income of $18.2m and spending of $17.3m, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $14.1m to $18.2m (+28%), an average of +6.4% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Christian School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include The Alfred and Adele Davis Academy Inc ($18.1m), Triangle Charter Education Association Inc ($18.2m) and Luzerne County Head Start Inc ($18.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Other salaries and wages came to $8.5m. It paid $155k in professional fundraising fees. At year end it held assets of $41.5m against liabilities of $23.1m, net assets of $18.4m. It reported 256 employees.