Woodstream Christain Academy Inc

Analysis

Woodstream Christain Academy Inc is a registered charity in United States, based in Mitchellville, MD. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Woodstream Christain Academy Inc reported income of $4.0m and spending of $4.3m, spending 108% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $3.4m to $4.0m (+18%), an average of +18% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodstream Christain Academy Inc 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 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Seoul National University Foundation Inc ($4.0m), Cypress School of San Francisco ($4.0m) and American Friends of Daas Aharon Inc ($4.0m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $488k (11% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.5m against liabilities of $4.1m, net assets of -$1.6m.