Cor Deo School

Analysis

Cor Deo School is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in November 2022, 4 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 2024, Cor Deo School reported income of $1.2m and spending of $1.2m, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $589k to $1.2m (+111%), an average of +111% a year. The sharpest change came in the year to June 2024, when income rose by 111%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cor Deo School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Childrens Academy on the Halifrax Inc ($1.2m), The Childrens Scholarship Fund of Pennsylvania ($1.2m) and Bais Yaakov of Waterbury Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.1% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $67k (5.6% of expenses). Other salaries and wages came to $651k. At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $558k. It reported 33 employees.