Cor Christi Academy

Analysis

Cor Christi Academy is a registered charity in United States, based in E Wenatchee, WA. It received its IRS tax-exemption ruling in May 2014, 12 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, Cor Christi Academy reported income of $295k and spending of $315k, spending 107% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $1.0m to $295k (-71%), an average of -46% a year. The sharpest change came in the year to June 2022, when income dropped by 73%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cor Christi Academy sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include The Boston Society Inc ($295k), Cy-Woods Athletic Booster Club ($295k) and Southside PTO ($295k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 11% of the total. Other salaries and wages came to $176k. At year end it held assets of $329k against liabilities of $719k, net assets of -$390k. It reported 4 employees.