Christian Education Activities Corp

Analysis

Christian Education Activities Corp is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in October 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 2023, Christian Education Activities Corp reported income of $3.0m and spending of $3.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.0m (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Education Activities Corp sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Mountain Village Montessori Charter School ($3.0m), A Plus Unlimited Charter School ($3.0m) and Discovery Christian School ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $464k (14% of expenses). Other salaries and wages came to $658k. At year end it held assets of $6.1m against liabilities of $262k, net assets of $5.8m. It reported 40 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.