Hanford Christian School Society

Analysis

Hanford Christian School Society is a registered charity in United States, based in Hanford, CA. It received its IRS tax-exemption ruling in February 1976, 50 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 June 2023, Hanford Christian School Society reported income of $2.7m and spending of $2.7m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.7m (+70%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hanford Christian School Society 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 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include The Los Angeles Valley College Foundation ($2.7m), Sunbelt Agricultural Exposition Inc ($2.7m) and New Jersey State Elks Association Special Childrens Committee Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $95k (3.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.4m against liabilities of $48k, net assets of $9.4m. It reported 61 employees.