Emmanuel Christian Academy

Analysis

Emmanuel Christian Academy is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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, Emmanuel Christian Academy reported income of $2.5m and spending of $2.3m, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.9m to $2.5m (+34%), an average of +7.6% a year. The sharpest change came in the year to July 2021, when income rose by 36%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Emmanuel Christian Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Girl Scouts of Alaska ($2.5m), St Francis of Buffalo Inc ($2.5m) and Southside Virginia Emergency Crew Incorporated ($2.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 38% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $80k (3.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.6m against liabilities of $186k, net assets of $2.4m. It reported 66 employees.