Wellington Christian Academy Inc
Analysis
Wellington Christian Academy Inc is a registered charity in United States, based in Wellington, KS. It received its IRS tax-exemption ruling in August 2003, 23 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 2023, Wellington Christian Academy Inc reported income of $796k and spending of $940k, spending 118% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $672k to $796k (+18%), an average of +5.8% a year. The sharpest change came in the year to July 2021, when income rose by 55%. Over the whole period it spent 116% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Wellington Christian Academy Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within KS. Charities of a similar size with the same main cause include Chesterton Academy of the St Croix Valley ($796k), Coral Reef Academy Inc ($796k) and Bnot Chaya Academy ($796k).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $76k (8.1% of expenses). Other salaries and wages came to $548k. At year end it held assets of $3.4m against liabilities of $6,879, net assets of $3.4m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 69%
- Program services 31%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chesterton Academy of the St Croix Valley | Stillwater | $796k |
| Coral Reef Academy Inc | Christiansted | $796k |
| Bnot Chaya Academy | Brooklyn | $796k |
| Bennington Free Library | Bennington | $796k |