Holy Youth Christian Academy a North Carolina Non-Profit Corporat

Analysis

Holy Youth Christian Academy a North Carolina Non-Profit Corporat is a registered charity in United States, based in Chapel Hill, NC. 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 June 2023, Holy Youth Christian Academy a North Carolina Non-Profit Corporat reported income of $595k and spending of $446k, leaving 25% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $275k to $595k (+117%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 104%. 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, Holy Youth Christian Academy a North Carolina Non-Profit Corporat sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Canaan Baptist Kindergarten No 2 ($595k), Babies and Mothers Alive USA ($595k) and College of Athens Inc ($595k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 66% of the total. Other salaries and wages came to $265k. At year end it held assets of $323k against liabilities of $29k, net assets of $294k.