Colorado Christian Academy

Analysis

Colorado Christian Academy is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in June 2020, 6 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, Colorado Christian Academy reported income of $2.4m and spending of $1.5m, leaving 39% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $2.4m (+122%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado Christian Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Honeysuckle Student Holdings Inc ($2.4m), Innovation Academy West ($2.4m) and Legacy Christian Academy ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $259k (17% of expenses). Other salaries and wages came to $587k. At year end it held assets of $1.5m against liabilities of $192k, net assets of $1.3m. It reported 22 employees.