United Christian Academy

Analysis

United Christian Academy is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in March 1990, 36 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 2024, United Christian Academy reported income of $4.2m and spending of $4.7m, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $14k to $4.2m (+30669%), an average of +214% a year. The sharpest change came in the year to June 2020, when income rose by 12854%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Christian Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include The Academies of Oklahoma Inc ($4.2m), Wayne Country Day School ($4.2m) and Langston Charter Middle School Inc ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $94k (2.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $500k against liabilities of $1.4m, net assets of -$869k. It reported 98 employees.