Immanuel Christian Academy Inc

Analysis

Immanuel Christian Academy Inc is a registered charity in United States, based in Monticello, KY. It received its IRS tax-exemption ruling in May 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, Immanuel Christian Academy Inc reported income of $183k and spending of $205k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $391k to $183k (-53%), an average of -17% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Immanuel Christian Academy Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Mentors & Meals ($183k), Academy Funding of Bastrop ($183k) and Westford Elementary Parent Teacher Organization Inc ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 64% of the total. Other salaries and wages came to $124k. At year end it held assets of $134k against liabilities of $0, net assets of $134k. It reported 13 employees.