Tacoma Christian Academy
Analysis
Tacoma Christian Academy is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in May 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 2024, Tacoma Christian Academy reported income of $2.3m and spending of $2.7m, spending 120% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.6m to $2.3m (+40%), an average of +7.0% a year. The sharpest change came in the year to July 2022, when income rose by 72%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Tacoma Christian Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Janney Plus Programs ($2.3m), Brookside Christian Academy ($2.3m) and Camellia Waldorf School ($2.3m).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.1m against liabilities of $58k, net assets of $998k. It reported 65 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 6.8%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Janney Plus Programs | Washington | $2.3m |
| Brookside Christian Academy | Dunn | $2.3m |
| Camellia Waldorf School | Sacramento | $2.3m |
| Moscow Charter School Inc | Moscow | $2.3m |