Denver Christian Schools
Analysis
Denver Christian Schools is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in July 1956, 70 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 2023, Denver Christian Schools reported income of $14.8m and spending of $14.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $14.8m (+105%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Denver Christian Schools sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Building Equity Sooner for Tomarrow ($14.8m), Robert W Woodruff Library of the Atlanta University Center Inc ($14.8m) and Civic News Company ($14.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $292k (2.0% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $43.5m against liabilities of $11.7m, net assets of $31.9m. It reported 228 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 79%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Building Equity Sooner for Tomarrow | Greenville | $14.8m |
| Robert W Woodruff Library of the Atlanta University Center Inc | Atlanta | $14.8m |
| Civic News Company | New York | $14.8m |
| Torah Academy of Boca Raton Inc | Boca Raton | $14.8m |