Ambassador Christian Academy Inc

Analysis

Ambassador Christian Academy Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in April 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 December 2023, Ambassador Christian Academy Inc reported income of $3.0m and spending of $2.4m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.0m (+81%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 31%. 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, Ambassador Christian Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Panetta Institute for Public Policy ($3.0m), Jobs for Arizonas Graduates Inc ($3.0m) and Trinity College of Nursing & Health Sciences ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $163k (6.7% of expenses). Other salaries and wages came to $996k. At year end it held assets of $1.5m against liabilities of $86k, net assets of $1.4m. It reported 49 employees.