Covenant Christian Academy of Houma Louisiana

Analysis

Covenant Christian Academy of Houma Louisiana is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in January 2023, 3 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 July 2023, Covenant Christian Academy of Houma Louisiana reported income of $2.6m and spending of $2.3m, spending 87% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $2.2m to $2.6m (+17%), an average of +8.1% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Covenant Christian Academy of Houma Louisiana sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include Allen County Public Library Foundation ($2.6m), Blue Engine Inc ($2.6m) and New England Center for Arts & Technology Inc ($2.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.2m against liabilities of $791k, net assets of $3.4m.