Carolina Christian Academy of Hayesville Inc

Analysis

Carolina Christian Academy of Hayesville Inc is a registered charity in United States, based in Hayesville, NC. It received its IRS tax-exemption ruling in October 2019, 7 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, Carolina Christian Academy of Hayesville Inc reported income of $654k and spending of $575k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $654k (+145%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carolina Christian Academy of Hayesville Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Granite Classical Tutorials Inc ($653k), Harbor City School Incorporated ($654k) and Success Together Inc ($653k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $428k. At year end it held assets of $284k against liabilities of $63k, net assets of $221k. It reported 33 employees.