Haw River Christian Academy Inc

Analysis

Haw River Christian Academy Inc is a registered charity in United States, based in Pittsboro, NC. 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Haw River Christian Academy Inc reported income of $1.6m and spending of $1.3m, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $648k to $1.6m (+145%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 61%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Haw River Christian Academy Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Brooklyn Institute for Social Research ($1.6m), Worlds of Opportunity Foundation ($1.6m) and Laurel Leadership Institute ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 85% of the total. Other salaries and wages came to $811k. At year end it held assets of $1.1m against liabilities of $7,954, net assets of $1.1m. It reported 36 employees.