Northeast Academy a Christian School

Analysis

Northeast Academy a Christian School is a registered charity in United States, based in Lasker, NC. It received its IRS tax-exemption ruling in April 1981, 45 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, Northeast Academy a Christian School reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $889k to $1.2m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Academy a Christian School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Ark Preschool ($1.2m), Sociedad Interamericana de Prensa Inc ($1.2m) and District Montessori ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 92% of the total. Other salaries and wages came to $670k. At year end it held assets of $886k against liabilities of $6,924, net assets of $879k. It reported 46 employees.