Cole Valley Christian Schools Inc
Analysis
Cole Valley Christian Schools Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in September 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 June 2023, Cole Valley Christian Schools Inc reported income of $15.5m and spending of $12.6m, spending 81% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.1m to $15.5m (+1291%), an average of +273% a year. The sharpest change came in the year to June 2022, when income rose by 1181%. Over the whole period it spent 76% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Cole Valley Christian Schools Inc 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 98th percentile within ID. Charities of a similar size with the same main cause include Duke Ellington School of the Arts Project ($15.5m), Atlantic University Inc ($15.5m) and Temecula Preparatory School ($15.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $298k (2.4% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $16.5m against liabilities of $6.4m, net assets of $10.2m. It reported 276 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 75%
- Other 4.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Duke Ellington School of the Arts Project | Washington | $15.5m |
| Atlantic University Inc | Guaynabo | $15.5m |
| Temecula Preparatory School | Winchester | $15.5m |
| Yeshivat Aish Hatorah | Clifton | $15.5m |