Christian Life Academy Inc

Analysis

Christian Life Academy Inc is a registered charity in United States, based in Hopedale, IL. It received its IRS tax-exemption ruling in September 2008, 18 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 December 2023, Christian Life Academy Inc reported income of $674k and spending of $833k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $454k to $674k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Life Academy Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Higher Ed Works ($674k), Paramedic Resources Inc ($674k) and Progressive Educational Program ($674k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $419k. At year end it held assets of $5,668 against liabilities of $0, net assets of $5,668. It reported 27 employees.