Cedar Grove Christian Academy Inc
Analysis
Cedar Grove Christian Academy Inc is a registered charity in United States, based in Holland, PA. It received its IRS tax-exemption ruling in October 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 August 2024, Cedar Grove Christian Academy Inc reported income of $2.0m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $1.8m to $2.0m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to August 2023, when income rose by 66%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Cedar Grove Christian Academy Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Colegio San Gabriel Inc ($2.0m), Lifeprep Education System Inc ($2.0m) and Pave ($2.0m).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 4.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $74k (4.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.3m against liabilities of $281k, net assets of $4.1m. It reported 59 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.7%
- Program services 86%
- Other 9.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Colegio San Gabriel Inc | San Juan | $2.0m |
| Lifeprep Education System Inc | Montvale | $2.0m |
| Pave | Tacoma | $2.0m |
| Virginia Institute of Marine Science Foundation | Gloucester Pt | $2.0m |