Homeschool Christian Academy Inc

Analysis

Homeschool Christian Academy Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2017, 9 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 May 2024, Homeschool Christian Academy Inc reported income of $299k and spending of $281k, spending 94% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $203k to $299k (+48%), an average of +22% a year. The sharpest change came in the year to May 2024, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Homeschool Christian Academy Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Belvedere-Tiburon Library Foundation ($299k), Parent Booster USA Inc ($299k) and Progress with Practice Inc ($299k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $69k (25% of expenses). Other salaries and wages came to $126k. At year end it held assets of $113k against liabilities of $48k, net assets of $65k. It reported 26 employees.