Foundations Christian Academy

Analysis

Foundations Christian Academy is a registered charity in United States, based in Everett, PA. It received its IRS tax-exemption ruling in November 1998, 28 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, Foundations Christian Academy reported income of $464k and spending of $346k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $301k to $464k (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundations Christian Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Ace Leadership High School Foundation ($464k), Recycle for Education Inc ($464k) and St Charles District Library ($464k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 70% of the total. Other salaries and wages came to $219k. At year end it held assets of $691k against liabilities of $2,464, net assets of $689k. It reported 24 employees.