Christian Faith Academy of Higher Learning Inc

Analysis

Christian Faith Academy of Higher Learning Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 2006, 20 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, Christian Faith Academy of Higher Learning Inc reported income of $442k and spending of $429k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $614k to $442k (-28%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Faith Academy of Higher Learning Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Tennessee Music Education Association ($442k), Adirondack Folk School Incorporated ($442k) and Utah Coalition for Educational Technology ($442k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $33k (7.8% of expenses). Other salaries and wages came to $156k. At year end it held assets of $63k against liabilities of $30k, net assets of $32k. It reported 8 employees.