Capstone Christian Academy

Analysis

Capstone Christian Academy is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 2009, 17 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, Capstone Christian Academy reported income of $2.0m and spending of $1.7m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $106k to $2.0m (+1827%), an average of +110% a year. The sharpest change came in the year to June 2020, when income dropped by 9250%. Over the whole period it spent -116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capstone Christian Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NV. Charities of a similar size with the same main cause include Burkard School ($2.0m), Montessori Training Center of Minnesota Inc ($2.0m) and Veritas Classical Academy ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $800k. At year end it held assets of $43.0m against liabilities of $645k, net assets of $42.4m. It reported 25 employees.