Ainesis Christian School of the Arts Inc

Analysis

Ainesis Christian School of the Arts Inc is a registered charity in United States, based in Saint Cloud, FL. It received its IRS tax-exemption ruling in December 2017, 9 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 2023, Ainesis Christian School of the Arts Inc reported income of $626k and spending of $594k, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $362k to $626k (+73%), an average of +15% a year. The sharpest change came in the year to July 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ainesis Christian School of the Arts Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Catching the Dream ($626k), Touchdown Club of Oklahoma ($626k) and Plum Tree Educational Services ($626k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $120k (20% of expenses). Other salaries and wages came to $209k. At year end it held assets of $120k against liabilities of $62k, net assets of $58k.