Mount Vernon Christian School

Analysis

Mount Vernon Christian School is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in April 1949, 77 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, Mount Vernon Christian School reported income of $5.7m and spending of $5.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $5.7m (+127%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mount Vernon Christian School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Learning Center Foundation of Central Cobb Inc ($5.7m), Public Preparatory Network Inc ($5.7m) and Inspire School of Arts and Sciences ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 81% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $7.1m against liabilities of $4.2m, net assets of $3.0m. It reported 122 employees.