Vardaman Street Christian Academy Inc

Analysis

Vardaman Street Christian Academy Inc is a registered charity in United States, based in Wiggins, MS. It received its IRS tax-exemption ruling in June 2009, 17 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, Vardaman Street Christian Academy Inc reported income of $381k and spending of $371k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $345k to $381k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vardaman Street Christian Academy Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MS. Charities of a similar size with the same main cause include Landmark Charities ($381k), Barnstable Youth Hockey Association Inc ($381k) and Blue Ridge Literacy ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $25k (6.6% of expenses). Other salaries and wages came to $171k. At year end it held assets of $570k against liabilities of $246k, net assets of $324k. It reported 25 employees.