Micar Christian University Corp

Analysis

Micar Christian University Corp is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Micar Christian University Corp reported income of $280k and spending of $202k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $222k to $280k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Micar Christian University Corp sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include East Texas A&m University Alumni Association ($279k), Nigeria Higher Education Foundation Inc ($280k) and Petaluma High School Athletic Boosters Club ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (19% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.