Faith Christian Academy Inc

Analysis

Faith Christian Academy Inc is a registered charity in United States, based in Martinsburg, WV. It received its IRS tax-exemption ruling in December 1984, 42 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 2024, Faith Christian Academy Inc reported income of $3.2m and spending of $2.6m, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $3.2m (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Christian Academy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WV. Charities of a similar size with the same main cause include The Grady School ($3.2m), Boundless Israel Inc ($3.2m) and Marion Preparatory Academy ($3.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.9% and program service revenue 88% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $4.2m against liabilities of $1.5m, net assets of $2.7m. It reported 64 employees.