Faith Christian Academy

Analysis

Faith Christian Academy is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in June 2019, 7 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 December 2023, Faith Christian Academy reported income of $150k and spending of $178k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $150k (-6.9%), an average of -6.9% a year. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Christian Academy sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within NM. Charities of a similar size with the same main cause include Northeast Ohio Bible College ($150k), Claudia Taylor Johnson High School Band Parents Association ($150k) and Friends of the Guilford Free Library Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.