United Christian Academy
Analysis
United Christian Academy is a registered charity in United States, based in Newport, VT. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2024, United Christian Academy reported income of $895k and spending of $863k, spending 96% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $662k to $895k (+35%), an average of +7.8% a year. The sharpest change came in the year to July 2023, when income rose by 20%. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, United Christian Academy sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within VT. Charities of a similar size with the same main cause include Literacy Green Bay Inc ($895k), Brooklyn Boatworks Inc ($896k) and Ottawa Hills Schools Foundation ($894k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 23% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $27k (3.1% of expenses). Other salaries and wages came to $425k. At year end it held assets of $659k against liabilities of $462k, net assets of $197k. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 52%
- Other 25%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Literacy Green Bay Inc | Green Bay | $895k |
| Brooklyn Boatworks Inc | Brooklyn | $896k |
| Ottawa Hills Schools Foundation | Toledo | $894k |
| Sun Prairie Public Library Foundation Inc | Sun Prairie | $896k |