Pinnacle Christian School

Analysis

Pinnacle Christian School is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in February 2018, 8 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 December 2023, Pinnacle Christian School reported income of $429k and spending of $389k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $305k to $429k (+41%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 25%. 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, Pinnacle Christian School sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include GPCCN Educational Ministries Inc ($429k), Montessori Childrens House of Hayward ($429k) and Willow Oak Montessori Childrens House Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $63k (16% of expenses). Other salaries and wages came to $154k. At year end it held assets of $261k against liabilities of -$1,625, net assets of $263k. It reported 23 employees.