Williamsburg Christian Academy

Analysis

Williamsburg Christian Academy is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in October 2014, 12 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 June 2023, Williamsburg Christian Academy reported income of $3.0m and spending of $3.4m, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.5m to $3.0m (+23%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Williamsburg Christian Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include JM Educational Group ($3.0m), Journey Schools Inc ($3.0m) and Palmetto Academy for Learning Motorsports Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $211k (6.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.0m against liabilities of $2.9m, net assets of $2.1m. It reported 54 employees.