Mid-Atlantic Christian University Foundation Inc

Analysis

Mid-Atlantic Christian University Foundation Inc is a registered charity in United States, based in Elizabeth Cty, NC. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mid-Atlantic Christian University Foundation Inc reported income of $218k and spending of $125k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $161k to $218k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-Atlantic Christian University Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Miss Kates Pre K Inc ($218k), Andrew High School Music Parents Association ($218k) and Austin Road Elementary School PTO Inc ($218k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.