Bethel Christian Academy Inc
Analysis
Bethel Christian Academy Inc is a registered charity in United States, based in Spruce Pine, NC. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2022, Bethel Christian Academy Inc reported income of $430k and spending of $434k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $273k to $430k (+58%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel Christian Academy Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Angel Creek Preschool Inc ($430k), Liberty Hill Football Boosters ($430k) and Power Inc Family & Children Services ($430k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $329k. At year end it held assets of $140k against liabilities of $11k, net assets of $129k. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 30%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Angel Creek Preschool Inc | Coppell | $430k |
| Liberty Hill Football Boosters | Liberty Hill | $430k |
| Power Inc Family & Children Services | Desoto | $430k |
| LA Vida Missions Inc | Farmington | $430k |