Providence Christian Academy

Analysis

Providence Christian Academy is a registered charity in United States, based in Georgetown, KY. It received its IRS tax-exemption ruling in February 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 December 2023, Providence Christian Academy reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $895k to $1.5m (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Christian Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Clasp Childrens Center Inc ($1.5m), Naudain Academy Inc ($1.5m) and Parents for Educational Freedom in North Carolina Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $54k (4.1% of expenses). Other salaries and wages came to $793k. At year end it held assets of $991k against liabilities of $0, net assets of $991k. It reported 61 employees.