First Christian Academy & Learningcenter Inc

Analysis

First Christian Academy & Learningcenter Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in November 2007, 19 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 July 2024, First Christian Academy & Learningcenter Inc reported income of $3.4m and spending of $3.0m, spending 89% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.4m to $3.4m (+138%), an average of +19% a year. The sharpest change came in the year to July 2024, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Christian Academy & Learningcenter Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Shulamith School for Girls of Brooklyn ($3.4m), Side by Side Charter School Inc ($3.4m) and Ruah Woods ($3.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 5.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $70k (2.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.8m against liabilities of $222k, net assets of $1.5m. It reported 82 employees.