Liberty Christian Academy Inc

Analysis

Liberty Christian Academy Inc is a registered charity in United States, based in Richlands, NC. It received its IRS tax-exemption ruling in September 2020, 6 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 June 2023, Liberty Christian Academy Inc reported income of $3.5m and spending of $3.5m, spending 101% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $2.9m to $3.5m (+22%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Christian Academy Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Teach Las Vegas ($3.5m), Saint Josephs College ($3.5m) and California Association of African American Superintendents and Admin ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $315k (8.9% of expenses). At year end it held assets of $1.7m against liabilities of $206k, net assets of $1.5m. It reported 107 employees.