Society for Protestant Reformed Education in Lynden

Analysis

Society for Protestant Reformed Education in Lynden is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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 December 2023, Society for Protestant Reformed Education in Lynden reported income of $271k and spending of $203k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $250k to $271k (+8.2%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Protestant Reformed Education in Lynden sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include PTA Texas Congress ($271k), Monarch Preschool Inc ($271k) and Mount Horeb Area Historical Society Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Other salaries and wages came to $161k. At year end it held assets of $308k against liabilities of $7,918, net assets of $301k.