Temple Christian Academy Inc

Analysis

Temple Christian Academy Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2009, 17 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 2024, Temple Christian Academy Inc reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.6m (+54%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Temple Christian Academy Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Ferguson Charitable Foundation ($1.6m), Glenforest School ($1.6m) and Industry Initiatives for Science and Math Education ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $346k (22% of expenses). Other salaries and wages came to $641k. At year end it held assets of $758k against liabilities of $181k, net assets of $576k. It reported 27 employees.