Omaha Christian Academy

Analysis

Omaha Christian Academy is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 2024, Omaha Christian Academy reported income of $3.0m and spending of $3.3m, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $3.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omaha Christian Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Minnesota Council on Foundations ($3.0m), Impacting Veterans Lives Inc ($3.0m) and Arizona Center for the Blind and Visually Impaired ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $4.3m against liabilities of $713k, net assets of $3.5m. It reported 106 employees.