Concord Christian Academy

Analysis

Concord Christian Academy is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in March 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 June 2023, Concord Christian Academy reported income of $4.1m and spending of $3.9m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $4.1m (+87%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 45%. 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, Concord Christian Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include United Preparatory Academy Inc ($4.1m), Pacific Heritage Schools ($4.1m) and Concord Hill School ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $109k (2.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $7.2m against liabilities of $5.6m, net assets of $1.6m. It reported 68 employees.