Tabernacle of David Christian Academy Inc

Analysis

Tabernacle of David Christian Academy Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 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 May 2023, Tabernacle of David Christian Academy Inc reported income of $395k and spending of $366k, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $205k to $395k (+93%), an average of +18% a year. The sharpest change came in the year to May 2020, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tabernacle of David Christian Academy Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Foundation for Excellence in Long Term Care ($395k), TSRHC Scholarship Fund ($395k) and Stark Education Partnership Inc ($395k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $239k. At year end it held assets of $219k against liabilities of $1, net assets of $219k.