Pioneer Valley Christian Academy Inc

Analysis

Pioneer Valley Christian Academy Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in July 1973, 53 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, Pioneer Valley Christian Academy Inc reported income of $5.5m and spending of $5.4m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.7m to $5.5m (+18%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pioneer Valley Christian Academy Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Arlington Free Clinic Inc ($5.5m), The Oneness Family School ($5.5m) and Peninsula Bridge Program ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $94k (1.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $9.2m against liabilities of $5.1m, net assets of $4.1m. It reported 102 employees.