New Covenant Christian Academy Foundation

Analysis

New Covenant Christian Academy Foundation is a registered charity in United States, based in Interlochen, MI. It received its IRS tax-exemption ruling in July 2016, 10 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 December 2023, New Covenant Christian Academy Foundation reported income of $67k and spending of $15k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $15k to $67k (+344%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 21802%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Covenant Christian Academy Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Marian School Non-Profit ($67k), Padua Academy Foundation ($67k) and Parent Booster USA Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.