Providence Christian Academy Inc

Analysis

Providence Christian Academy Inc is a registered charity in United States, based in Starke, FL. It received its IRS tax-exemption ruling in February 2023, 3 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, Providence Christian Academy Inc reported income of $707k and spending of $651k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $338k to $707k (+109%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 60%. 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, Providence Christian Academy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include West Santa Rosa Local Action Council Agency Incorporated ($707k), St Mary Catholic Central Endowment Fund ($707k) and Bettys Childrens Academy ($707k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 94% of the total. Other salaries and wages came to $299k. At year end it held assets of $1.1m against liabilities of $897k, net assets of $177k. It reported 7 employees.