Mooresville Christian Academy

Analysis

Mooresville Christian Academy is a registered charity in United States, based in Mooresville, IN. It received its IRS tax-exemption ruling in August 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 2024, Mooresville Christian Academy reported income of $5.6m and spending of $4.4m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $5.6m (+261%), an average of +38% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mooresville Christian Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Wisconsin Center for Manufacturing and Productivity Inc ($5.6m), Eagles Nest Community Charter Schools Inc ($5.6m) and Athens Christian School Inc ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 78% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $10.0m against liabilities of $5.4m, net assets of $4.6m. It reported 105 employees.