Cape Christian Academy

Analysis

Cape Christian Academy is a registered charity in United States, based in Cape May CH, NJ. It received its IRS tax-exemption ruling in August 1980, 46 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, Cape Christian Academy reported income of $1.1m and spending of $972k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $662k to $1.1m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cape Christian Academy 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 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Cornerstone School of Summit Inc ($1.1m), College Is Real Inc ($1.1m) and Arcadia Educational Foundation ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $714k. At year end it held assets of $2.8m against liabilities of $274k, net assets of $2.5m. It reported 30 employees.