Childrens Village Academy

Analysis

Childrens Village Academy is a registered charity in United States, based in Kinston, NC. It received its IRS tax-exemption ruling in July 1998, 28 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, Childrens Village Academy reported income of $2.6m and spending of $2.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $2.6m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Village Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Teach St Louis ($2.6m), Central Christian High School ($2.6m) and Midtown Academy Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $1.2m against liabilities of $2.1m, net assets of -$974k. It reported 65 employees.