Danville Christian Academy Inc

Analysis

Danville Christian Academy Inc is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in May 2002, 24 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 2023, Danville Christian Academy Inc reported income of $2.0m and spending of $1.9m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $2.0m (+86%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Danville Christian Academy Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Eastern New York Laborers Training Center Inc ($2.0m), Smart Start of New Hanover County ($2.0m) and Camp Cedar Cliff Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.3m against liabilities of $1.1m, net assets of $2.2m. It reported 64 employees.