Mt Bethel Christian Academy Inc
Analysis
Mt Bethel Christian Academy Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in October 2013, 13 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, Mt Bethel Christian Academy Inc reported income of $13.9m and spending of $12.9m, spending 93% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $13.6m to $13.9m (+2.1%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mt Bethel Christian Academy Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Foundation of the American College of Healthcare Executives ($13.9m), Movement Charter School ($13.9m) and Commonlit Inc ($13.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 91% of the total. Other salaries and wages came to $6.8m. At year end it held assets of $27.4m against liabilities of $16.4m, net assets of $11.0m. It reported 204 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.9%
- Program services 91%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Foundation of the American College of Healthcare Executives | Chicago | $13.9m |
| Movement Charter School | Charlotte | $13.9m |
| Commonlit Inc | Washington | $13.9m |
| Yeshiva Derech Hatorah | Cleveland HTS | $13.9m |