Faith Christian Academy

Analysis

Faith Christian Academy is a registered charity in United States, based in Bartlett, TN. It received its IRS tax-exemption ruling in April 2010, 16 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, Faith Christian Academy reported income of $351k and spending of $324k, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $114k to $351k (+208%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 101%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Christian Academy sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Reverend Charlie E and Cinderella S Taylor Sr Foundation ($351k), Louisiana Emergency Preparedness Association ($351k) and Albert M Greenfield Home and School Association Inc ($351k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $57k (17% of expenses). Other salaries and wages came to $202k. At year end it held assets of $63k against liabilities of $23k, net assets of $40k. It reported 7 employees.