Portsmouth Christian Academy

Analysis

Portsmouth Christian Academy is a registered charity in United States, based in Dover, NH. It received its IRS tax-exemption ruling in April 1994, 32 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 July 2024, Portsmouth Christian Academy reported income of $9.8m and spending of $8.8m, spending 90% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $5.5m to $9.8m (+78%), an average of +16% a year. The sharpest change came in the year to July 2021, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portsmouth Christian Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include Neighborhood Lending Partners Inc ($9.8m), National Fallen Firefighters Foundation ($9.8m) and Trinity Hall ($9.8m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 7.7% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $146k (1.7% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $15.8m against liabilities of $12.1m, net assets of $3.8m. It reported 136 employees.