Christian Life Academy Inc

Analysis

Christian Life Academy Inc is a registered charity in United States, based in Seneca, PA. It received its IRS tax-exemption ruling in February 1992, 34 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 July 2023, Christian Life Academy Inc reported income of $700k and spending of $634k, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $556k to $700k (+26%), an average of +5.9% a year. The sharpest change came in the year to July 2022, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Life Academy Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Hughesville Volunteer Fire Department ($700k), Jacksonville Educational Community Inc ($700k) and Valley Pastoral Counseling Center Incorporated ($700k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $31k (5.0% of expenses). Other salaries and wages came to $342k. At year end it held assets of $944k against liabilities of $189k, net assets of $755k. It reported 34 employees.