Liberty Christian Academy

Analysis

Liberty Christian Academy is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in August 1967, 59 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Liberty Christian Academy reported income of $16.5m and spending of $14.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.2m to $16.5m (+8.3%), an average of +2.0% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Christian Academy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Ascension Living St Catherine Laboure Place ($16.5m), Legal Services of Long Island Inc ($16.5m) and Bebashi - Transition to Hope ($16.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 94% of the total. Other salaries and wages came to $8.1m. At year end it held assets of $17.4m against liabilities of $1.7m, net assets of $15.8m. It reported 364 employees.