Hosanna Christian School

Analysis

Hosanna Christian School is a registered charity in United States, based in Gig Harbor, WA. It received its IRS tax-exemption ruling in August 1982, 44 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hosanna Christian School reported income of $585k and spending of $471k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $354k to $585k (+65%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hosanna Christian School sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Cove City Ems Inc ($585k), Collington Residents Association Inc ($585k) and Terrell Industries Inc ($585k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 93% of the total. Other salaries and wages came to $324k. At year end it held assets of $692k against liabilities of $5,168, net assets of $687k. It reported 13 employees.