Top Stone Christian School Inc

Analysis

Top Stone Christian School Inc is a registered charity in United States, based in New Milford, NJ. It received its IRS tax-exemption ruling in October 2021, 5 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, Top Stone Christian School Inc reported income of $450k and spending of $361k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $26k to $450k (+1612%), an average of +314% a year. The sharpest change came in the year to December 2022, when income rose by 841%. 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, Top Stone Christian School Inc 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 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Gainesville Preparatory School Inc ($450k), First United Methodist Churchpreschool ($450k) and South Carolina First Steps to School Readiness Board of Trustees ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Other salaries and wages came to $148k. At year end it held assets of $201k against liabilities of $97k, net assets of $104k. It reported 4 employees.