Weatherford Christian School
Analysis
Weatherford Christian School is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in June 2001, 25 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, Weatherford Christian School reported income of $5.2m and spending of $4.5m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $5.2m (+52%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 78% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Weatherford Christian School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Winthrop University Foundation ($5.2m), Ilead Online Charter School ($5.2m) and Michigan Colleges Alliance ($5.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $11.2m against liabilities of $3.4m, net assets of $7.8m. It reported 127 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 85%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Winthrop University Foundation | Rock Hill | $5.2m |
| Ilead Online Charter School | Acton | $5.2m |
| Michigan Colleges Alliance | Southfield | $5.2m |
| New England Commission of Higher Education Inc | Wakefield | $5.2m |