Community Charter Academy Inc

Analysis

Community Charter Academy Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in May 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, Community Charter Academy Inc reported income of $7.9m and spending of $7.3m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $9.5m to $7.9m (-17%), an average of -6.1% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Charter Academy Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Seattle Area Plumbing & Pipefitting Industry Training Trust ($7.9m), Oasis Academy ($7.9m) and Bacone Baptist Church ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $20.3m against liabilities of $14.2m, net assets of $6.1m. It reported 147 employees.