Affirm Leadership Christian Academy Inc

Analysis

Affirm Leadership Christian Academy Inc is a registered charity in United States, based in Waukegan, IL. It received its IRS tax-exemption ruling in December 2001, 25 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, Affirm Leadership Christian Academy Inc reported income of $328k and spending of $410k, spending 125% of what it took in. Across the 3 years on record, from June 2019 to June 2022, income fell from $400k to $328k (-18%), an average of -9.5% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Affirm Leadership Christian Academy Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include University of Louisiana at Monroe Alumni Association ($328k), Summit School Foundation Inc ($328k) and Raider Athletic Club Inc ($328k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $75k (18% of expenses). Other salaries and wages came to $215k. At year end it held assets of $97k against liabilities of $18k, net assets of $78k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.