Harbor Christian Academy

Analysis

Harbor Christian Academy is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2016, 10 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, Harbor Christian Academy reported income of $1.1m and spending of $1.6m, spending 147% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $871k to $1.1m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 442%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harbor Christian Academy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include 826nyc Inc ($1.1m), Tammy Embrys Play School Inc ($1.1m) and Grand Haven Christian School Endowment Fund ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $85k (5.5% of expenses). Other salaries and wages came to $745k. At year end it held assets of $2.8m against liabilities of $26k, net assets of $2.8m. It reported 19 employees.