Hampton Christian Academy

Analysis

Hampton Christian Academy is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in January 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 2024, Hampton Christian Academy reported income of $2.6m and spending of $2.5m, spending 97% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $2.2m to $2.6m (+17%), an average of +4.1% a year. The sharpest change came in the year to July 2022, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hampton Christian Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Kochavim Inc ($2.6m), North Carolinas Eastern Economic Development Corporation ($2.6m) and Hampton Bays Public Library ($2.6m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 3.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $53k (2.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.6m against liabilities of $2.2m, net assets of $377k. It reported 96 employees.