Altus Christian Academy Inc
Analysis
Altus Christian Academy Inc is a registered charity in United States, based in Altus, OK. It received its IRS tax-exemption ruling in May 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 2024, Altus Christian Academy Inc reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.2m to $1.0m (-15%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. 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, Altus Christian Academy Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include Armenian Media Network ($1.0m), Pittsburgh Jewish Educational Improvement Foundation ($1.0m) and Olentangy Berlin Athletic Boosters ($1.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 78% of the total. Other salaries and wages came to $624k. At year end it held assets of $2.5m against liabilities of $381k, net assets of $2.1m. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 78%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Armenian Media Network | Los Angeles | $1.0m |
| Pittsburgh Jewish Educational Improvement Foundation | Pittsburgh | $1.0m |
| Olentangy Berlin Athletic Boosters | Delaware | $1.0m |
| Heartwood Public Charter School | Jefferson | $1.0m |