Kingsport Christian Academy
Analysis
Kingsport Christian Academy is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in February 2007, 19 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 July 2024, Kingsport Christian Academy reported income of $251k and spending of $280k, spending 111% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $238k to $251k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to July 2022, when income rose by 27%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kingsport Christian Academy sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Phantom Airborne Brigade Inc ($251k), Wex Foundation ($251k) and Association for Machine Learning and Applications ($251k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $37k (13% of expenses). Other salaries and wages came to $184k. At year end it held assets of $50k against liabilities of $14k, net assets of $36k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.8%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Phantom Airborne Brigade Inc | Odessa | $251k |
| Wex Foundation | San Antonio | $251k |
| Association for Machine Learning and Applications | Bakersfield | $251k |
| Yes We Can World Foundation | Burbank | $251k |