Alliance Christian Academy
Analysis
Alliance Christian Academy is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Alliance Christian Academy reported income of $120k and spending of $106k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $97k to $120k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Alliance Christian Academy sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Lake Belton High School Athletic Booster Club ($120k), Roho Charitable Trust Inc ($120k) and Friends of the Ferguson Library Inc ($120k).
On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 93% of the total. At year end it held assets of $31k against liabilities of $16k, net assets of $15k.
Income and spending
Where the income comes from
- Program services 93%
- Other 6.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lake Belton High School Athletic Booster Club | Belton | $120k |
| Roho Charitable Trust Inc | Middlesboro | $120k |
| Friends of the Ferguson Library Inc | Stamford | $120k |
| Larsen Family Public Library Inc | Webster | $120k |