Covenant Christian School

Analysis

Covenant Christian School is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in April 1995, 31 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 May 2023, Covenant Christian School reported income of $7.8m and spending of $6.7m, spending 85% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $4.1m to $7.8m (+90%), an average of +24% a year. The sharpest change came in the year to May 2023, when income rose by 32%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Covenant Christian School sits at the 92nd percentile: it is larger than about 92% 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 Southwest Covenant Schools Incorporated ($7.8m), Catalyst Public Schools ($7.9m) and Indigenous Education Inc ($7.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $133k (2.0% of expenses). Other salaries and wages came to $3.0m. It paid $25k in professional fundraising fees. At year end it held assets of $8.5m against liabilities of $2.9m, net assets of $5.6m. It reported 87 employees.