Center City Academy Inc

Analysis

Center City Academy Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in November 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Center City Academy Inc reported income of $124k and spending of $107k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $226k to $124k (-45%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center City Academy Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within KS. Charities of a similar size with the same main cause include Bright Star Learning Center Inc ($124k), World Refugees Care ($124k) and Nature Worx Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $41k (38% of expenses). It paid $31k in professional fundraising fees. At year end it held assets of $615k against liabilities of $672, net assets of $614k. It reported 2 employees.