Christian Academy of Fine Arts

Analysis

Christian Academy of Fine Arts is a registered charity in United States, based in Orange, TX. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2022, Christian Academy of Fine Arts reported income of $147k and spending of $139k, spending 94% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $103k to $147k (+43%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Academy of Fine Arts sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Indiana Citizen Education Foundation Inc ($147k), Cathedral Latin Alumni Association ($147k) and Friends Foundation of the Cecil County Public Library Inc ($147k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $58k against liabilities of $2, net assets of $58k.