Calvary Schools of Holland

Analysis

Calvary Schools of Holland is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in January 2020, 6 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 July 2023, Calvary Schools of Holland reported income of $1.7m and spending of $1.6m, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.5m to $1.7m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to July 2022, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calvary Schools of Holland sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Fotc -- Los Angeles ($1.7m), Bald Eagle Wilderness Boys Camp ($1.7m) and Washburn School Inc ($1.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $93k (5.8% of expenses). Other salaries and wages came to $811k. At year end it held assets of $4.3m against liabilities of $188k, net assets of $4.1m. It reported 36 employees.