Christian Enterprises Inc

Analysis

Christian Enterprises Inc is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in January 1967, 59 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, Christian Enterprises Inc reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.4m to $4.3m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Enterprises Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Fredonia College Foundation of State University of New York Inc ($4.3m), Little Buns Inc ($4.3m) and West Park Academy Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $165k (3.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $8.2m against liabilities of $1.2m, net assets of $7.0m. It reported 108 employees.