Atlantic Christian School Inc

Analysis

Atlantic Christian School Inc is a registered charity in United States, based in Egg HBR TWP, NJ. It received its IRS tax-exemption ruling in December 1973, 53 years ago. 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, Atlantic Christian School Inc reported income of $6.2m and spending of $5.3m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.4m to $6.2m (+86%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlantic Christian School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include North Seattle Food Connection ($6.2m), Oakhill Day School ($6.2m) and Arizona Womens Recovery Center ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 71% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $8.9m against liabilities of $322k, net assets of $8.6m. It reported 67 employees.