Russell Christian Academy

Analysis

Russell Christian Academy is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in January 2014, 12 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, Russell Christian Academy reported income of $2.4m and spending of $2.6m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.4m (-3.6%), an average of -0.9% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Russell Christian Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include Benton Academy Inc ($2.4m), Community Improvement Council ($2.4m) and Luzerne County Library System ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $144k (5.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $1.3m, net assets of $1.1m. It reported 85 employees.