Cross Classical Academy

Analysis

Cross Classical Academy is a registered charity in United States, based in Brownwood, TX. It received its IRS tax-exemption ruling in January 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 2024, Cross Classical Academy reported income of $194k and spending of $134k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $135k to $194k (+44%), an average of +44% a year. The sharpest change came in the year to June 2024, when income rose by 44%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cross Classical Academy sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Refine KC School ($194k), Kern High School District Educational Foundation ($194k) and Saint Johns Boys Choir ($194k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. At year end it held assets of $315k against liabilities of $81k, net assets of $234k.