Faith Christian Academy
Analysis
Faith Christian Academy is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in October 2010, 16 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 2024, Faith Christian Academy reported income of $448k and spending of $357k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $269k to $448k (+66%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Christian Academy sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within AZ. Charities of a similar size with the same main cause include Center for Creative Learning ($448k), Carter Christian Academy Inc ($448k) and Project New Yorker Corporation ($448k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $286k. At year end it held assets of $214k against liabilities of $6,209, net assets of $208k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center for Creative Learning | Mercer | $448k |
| Carter Christian Academy Inc | Grayson | $448k |
| Project New Yorker Corporation | Jamaica | $448k |
| Lufkin Christian Academy | Pollok | $448k |