Carter Christian Academy Inc

Analysis

Carter Christian Academy Inc is a registered charity in United States, based in Grayson, KY. It received its IRS tax-exemption ruling in December 2013, 13 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 July 2024, Carter Christian Academy Inc reported income of $448k and spending of $536k, spending 120% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income fell from $569k to $448k (-21%), an average of -5.8% a year. The sharpest change came in the year to July 2024, when income rose by 229%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carter Christian Academy Inc 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 69th percentile within KY. Charities of a similar size with the same main cause include Faith Christian Academy ($448k), Lufkin Christian Academy ($448k) and Center for Creative Learning ($448k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $337k (63% of expenses). At year end it held assets of $624k against liabilities of $0, net assets of $624k. It reported 36 employees.