Christian Academy of Indiana Inc

Analysis

Christian Academy of Indiana Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 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 June 2023, Christian Academy of Indiana Inc reported income of $11.6m and spending of $9.7m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $11.6m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Academy of Indiana Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Camden Military Academy ($11.6m), Miriam Foundation ($11.6m) and Community Development Incorporation ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $12.2m against liabilities of $2.1m, net assets of $10.0m. It reported 227 employees.