Knights Christian Academy Inc
Analysis
Knights Christian Academy Inc is a registered charity in United States, based in Edgewater, FL. It received its IRS tax-exemption ruling in August 2014, 12 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, Knights Christian Academy Inc reported income of $596k and spending of $575k, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $402k to $596k (+48%), an average of +10% a year. The sharpest change came in the year to May 2022, when income rose by 53%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Knights Christian Academy 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 75th percentile within FL. Charities of a similar size with the same main cause include Lakeland Academy Community School ($596k), Community Advocates for Resources & Empowerment Inc ($596k) and Asset Inc ($596k).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $396k. At year end it held assets of $203k against liabilities of $0, net assets of $203k. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 88%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lakeland Academy Community School | Freeport | $596k |
| Community Advocates for Resources & Empowerment Inc | Louisville | $596k |
| Asset Inc | Pittsburgh | $596k |
| Ab Christian Learning Center | Fort Worth | $596k |