Alamance Christian School Inc

Analysis

Alamance Christian School Inc is a registered charity in United States, based in Graham, NC. It received its IRS tax-exemption ruling in August 1977, 49 years ago. 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, Alamance Christian School Inc reported income of $4.4m and spending of $4.6m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.5m to $4.4m (+78%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alamance Christian School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Edge New Jersey Inc ($4.4m), Oak Alley Foundation ($4.4m) and Beulah Heights University Incorporated ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $925k against liabilities of $332k, net assets of $593k. It reported 125 employees.