Gathering Place Christian Academy

Analysis

Gathering Place Christian Academy is a registered charity in United States, based in Moody, AL. It received its IRS tax-exemption ruling in June 2019, 7 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 2024, Gathering Place Christian Academy reported income of $1.3m and spending of $1.4m, spending 103% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $832k to $1.3m (+61%), an average of +27% a year. The sharpest change came in the year to July 2023, when income rose by 33%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gathering Place Christian Academy sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Edward and Josephine Wikiera Foundation ($1.3m), Don Jordahl Youth Enhancement ($1.3m) and Childrens Workshop ($1.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $102k against liabilities of $154k, net assets of -$52k. It reported 128 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.