Midland Valley Christian Academyinc
Analysis
Midland Valley Christian Academyinc is a registered charity in United States, based in Graniteville, SC. It received its IRS tax-exemption ruling in July 2008, 18 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 July 2022, Midland Valley Christian Academyinc reported income of $1.9m and spending of $1.6m, spending 80% of its income. Across the 4 years on record, from July 2019 to July 2022, income grew from $1.3m to $1.9m (+46%), an average of +14% a year. The sharpest change came in the year to July 2021, when income rose by 41%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Midland Valley Christian Academyinc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within SC. Charities of a similar size with the same main cause include Connective Tissue Oncology Society ($1.9m), Wright Christian Academy ($1.9m) and University Center of Lake County ($1.9m).
On its Form 990 for the period ending July 2022, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $185k (12% of expenses). Other salaries and wages came to $765k. At year end it held assets of $1.9m against liabilities of $1.2m, net assets of $780k. It reported 85 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 76%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Connective Tissue Oncology Society | Alexandria | $1.9m |
| Wright Christian Academy | Tulsa | $1.9m |
| University Center of Lake County | Grayslake | $1.9m |
| First Generation College Bound Inc | Laurel | $1.9m |