Christ Classical Academy

Analysis

Christ Classical Academy is a registered charity in United States, based in Connelly SPG, NC. It received its IRS tax-exemption ruling in November 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 June 2024, Christ Classical Academy reported income of $1.4m and spending of $1.3m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $326k to $1.4m (+335%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christ Classical Academy sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Anderson Center International Inc ($1.4m), Triangle Education Foundation ($1.4m) and University Schools ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 52% of the total. Other salaries and wages came to $833k. At year end it held assets of $1.2m against liabilities of $426k, net assets of $762k. It reported 51 employees.