Christian Academy of Madison Inc

Analysis

Christian Academy of Madison Inc is a registered charity in United States, based in Madison, IN. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christian Academy of Madison Inc reported income of $1.1m and spending of $967k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $808k to $1.1m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 34%. 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, Christian Academy of Madison Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Childrens Guild Institute Inc ($1.1m), Julian Pathways Inc ($1.1m) and Pueblo Hispanic Education Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $541k. At year end it held assets of $253k against liabilities of $1,379, net assets of $251k. It reported 48 employees.