Kings Christian Academy

Analysis

Kings Christian Academy is a registered charity in United States, based in Callaway, MD. It received its IRS tax-exemption ruling in August 1980, 46 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 July 2023, Kings Christian Academy reported income of $5.3m and spending of $4.9m, spending 93% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $5.1m to $5.3m (+5.1%), an average of +1.2% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kings Christian Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Free Lutheran Theological Seminary Corporation ($5.3m), Healthmpowers Inc ($5.3m) and Bridges Charter School ($5.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 4.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $99k (2.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $9.9m against liabilities of $3.5m, net assets of $6.4m. It reported 160 employees.