Hope Christian Academy

Analysis

Hope Christian Academy is a registered charity in United States, based in St Paul Park, MN. It received its IRS tax-exemption ruling in May 2008, 18 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, Hope Christian Academy reported income of $454k and spending of $500k, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $239k to $454k (+90%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Christian Academy sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Building Fund of Cottey Jr College Intl CHPTR Peo Sisterhood ($454k), Bayou North Area Health Education Center ($454k) and Bridges Graduate School of Cognitive Diversity in Education ($454k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $41k (8.2% of expenses). Other salaries and wages came to $190k. At year end it held assets of $14k against liabilities of -$223, net assets of $14k. It reported 9 employees.