Lakeland Christian Academy Association Inc

Analysis

Lakeland Christian Academy Association Inc is a registered charity in United States, based in Winona Lake, IN. It received its IRS tax-exemption ruling in December 1975, 51 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 2022, Lakeland Christian Academy Association Inc reported income of $3.1m and spending of $3.0m, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.4m to $3.1m (+117%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 106%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeland Christian Academy Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Mutual Fund Directors Forum ($3.1m), CLV Strong Start Academy Elementary Schools Inc ($3.1m) and Rankin Isd Education Foundation ($3.1m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $3.3m against liabilities of $243k, net assets of $3.0m. It reported 110 employees.