Valley Christian Academy Inc
Analysis
Valley Christian Academy Inc is a registered charity in United States, based in Aurora, OH. It received its IRS tax-exemption ruling in July 1984, 42 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, Valley Christian Academy Inc reported income of $1.9m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.9m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 103% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Christian Academy Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include The Quran Institute of America ($1.9m), Albert E Farone & Angela T Farone ($1.9m) and Lsu in Shreveport Foundation Inc ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1.2m (63% of expenses). At year end it held assets of $1.4m against liabilities of $202k, net assets of $1.2m. It reported 52 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.8%
- Program services 85%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Quran Institute of America | Detroit | $1.9m |
| Albert E Farone & Angela T Farone | Washington | $1.9m |
| Lsu in Shreveport Foundation Inc | Shreveport | $1.9m |
| Piney Grove Boys Academy Inc | Laud Lakes | $1.9m |