Veritas Christian Acadamy Of Houston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,616,740 | 1,503,730 | 113,010 | 5.0 | 60% |
| 2012 | 1,919,347 | 2,009,897 | −90,550 | 3.2 | 54% |
| 2013 | 1,918,249 | 1,950,285 | −32,036 | 3.1 | 58% |
| 2014 | 2,174,120 | 2,038,779 | 135,341 | 3.8 | 55% |
| 2015 | 2,931,522 | 2,208,636 | 722,886 | 7.4 | 55% |
| 2016 | 2,582,459 | 2,484,280 | 98,179 | 7.1 | 54% |
| 2017 | 3,045,986 | 3,072,274 | −26,288 | 5.6 | 51% |
| 2018 | 3,200,557 | 3,171,226 | 29,331 | 5.6 | 54% |
| 2019 | 3,201,163 | 3,093,822 | 107,341 | 6.1 | 51% |
| 2020 | 3,373,625 | 3,250,337 | 123,288 | 6.3 | 50% |
| 2021 | 3,538,850 | 3,399,006 | 139,844 | 6.5 | 53% |
| 2022 | 3,506,592 | 3,317,270 | 189,322 | 7.3 | 50% |
| 2023 | 3,599,311 | 3,601,309 | −1,998 | 6.8 | 51% |
In its most recent public year (2023), this organization spent $1,998 more than it brought in. Its reserves stood at about 6.8 months of spending, up from 5 in 2011. Staff pay was 51% of spending. $18,666 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Veritas Christian Acadamy Of Houston's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works