The Vine Christian Academy Inc
Analysis
The Vine Christian Academy Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in April 2022, 4 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 2023, The Vine Christian Academy Inc reported income of $2.5m and spending of $2.5m, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.0m to $2.5m (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Vine Christian Academy Inc 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 89th percentile within FL. Charities of a similar size with the same main cause include Episcopal Day School Inc ($2.5m), Wenatchee Valley College Foundation Inc ($2.5m) and Grace Christian School Corporation ($2.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $228k (9.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $601k against liabilities of $233k, net assets of $369k. It reported 57 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.8%
- Program services 97%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Episcopal Day School Inc | Southern Pnes | $2.5m |
| Wenatchee Valley College Foundation Inc | Wenatchee | $2.5m |
| Grace Christian School Corporation | Bennington | $2.5m |
| West Virginia Academy Ltd | Morgantown | $2.5m |