Covenant Christian School Inc

Analysis

Covenant Christian School Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Covenant Christian School Inc reported income of $112k and spending of $118k, spending 105% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $177k to $112k (-37%), an average of -20% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Covenant Christian School Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within AZ. Charities of a similar size with the same main cause include Meals on Wheels of Plant City Inc ($112k), Dublin Gaels Booster Club ($112k) and Museum of North Carolina Handicrafts Incorporated ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 15% of the total. Other salaries and wages came to $68k. At year end it held assets of $172k against liabilities of $23k, net assets of $149k. It reported 4 employees.