Bluegrass Christian Academy Inc
Analysis
Bluegrass Christian Academy Inc is a registered charity in United States, based in Bardstown, KY. It received its IRS tax-exemption ruling in January 2005, 21 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 2024, Bluegrass Christian Academy Inc reported income of $490k and spending of $481k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $316k to $490k (+55%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Bluegrass Christian Academy Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include Mathkind Global ($490k), Oklahoma Schools Advisory Council ($490k) and Hopewell Development and Achievement Center ($490k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 81% of the total. Other salaries and wages came to $329k. At year end it held assets of $253k against liabilities of $109k, net assets of $145k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.4%
- Program services 81%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mathkind Global | Chapel Hill | $490k |
| Oklahoma Schools Advisory Council | Muskogee | $490k |
| Hopewell Development and Achievement Center | Dallas | $490k |
| The Young Womens Project | Washington | $491k |