Salvation Christian Academy
Analysis
Salvation Christian Academy is a registered charity in United States, based in Edgewood, WA. It received its IRS tax-exemption ruling in July 2015, 11 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, Salvation Christian Academy reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $830k to $1.5m (+81%), an average of +16% a year. The sharpest change came in the year to July 2022, when income rose by 100%. 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, Salvation Christian Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Henderson Isd Education Foundation Inc ($1.5m), Reach Prep Inc ($1.5m) and Zeta Psi Educational Foundation ($1.5m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $893k. At year end it held assets of $843k against liabilities of $67k, net assets of $776k. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 99%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Henderson Isd Education Foundation Inc | Henderson | $1.5m |
| Reach Prep Inc | Stamford | $1.5m |
| Zeta Psi Educational Foundation | Pearl River | $1.5m |
| Hillcrest Christian Academy | Bethel Park | $1.5m |