High Point Christian Academy Inc

Analysis

High Point Christian Academy Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in August 1997, 29 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, High Point Christian Academy Inc reported income of $7.9m and spending of $6.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $7.9m (+15%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High Point Christian Academy Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Guilford-Sabis Charter School Corporation ($7.9m), St Catherines School Foundation ($7.9m) and Aspen Academy ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $228k (3.3% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $9.0m against liabilities of $2.0m, net assets of $7.0m. It reported 247 employees.