Carters Christian Academy Inc

Analysis

Carters Christian Academy Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 2005, 21 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, Carters Christian Academy Inc reported income of $2.4m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.4m (+7.9%), an average of +1.9% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carters Christian Academy Inc 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 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Bend International School Inc ($2.4m), Monroe County Education Foundation Inc ($2.4m) and Granada Preparatory School Inc ($2.4m).

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 $158k (6.8% of expenses). Other salaries and wages came to $712k. At year end it held assets of $2.4m against liabilities of $541k, net assets of $1.9m. It reported 55 employees.