Providence Classical Christian School

Analysis

Providence Classical Christian School is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in May 1997, 29 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, Providence Classical Christian School reported income of $4.2m and spending of $4.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $4.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 16%. 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, Providence Classical Christian School 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 Healy Murphy Center Inc ($4.2m), Cedar Rapids Public Library Foundation ($4.2m) and Minuteman Library Network Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $191k (4.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $9.1m against liabilities of $6.3m, net assets of $2.8m. It reported 113 employees.