American Council of the Asian Christian Academy of India Inc

Analysis

American Council of the Asian Christian Academy of India Inc is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in March 1981, 45 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 July 2023, American Council of the Asian Christian Academy of India Inc reported income of $1.0m and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.1m to $1.0m (-5.9%), an average of -1.5% a year. The sharpest change came in the year to July 2023, when income dropped by 42%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Council of the Asian Christian Academy of India Inc 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 TX. Charities of a similar size with the same main cause include Aligned ($1.0m), Staunton Montessori School Inc ($1.0m) and St Elizabeth School Foundation Inc ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (1.2% of expenses). Other salaries and wages came to $199k. At year end it held assets of $739k against liabilities of $4,823, net assets of $734k. It reported 13 employees.