Hilton Head Christian Academy

Analysis

Hilton Head Christian Academy is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in August 1984, 42 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 May 2023, Hilton Head Christian Academy reported income of $13.7m and spending of $11.9m, spending 87% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $6.5m to $13.7m (+110%), an average of +20% a year. The sharpest change came in the year to May 2020, when income rose by 44%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hilton Head Christian Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include Spokane International Academy ($13.7m), Umbc Training Enterprises Inc ($13.7m) and Jewell Educational Fund ($13.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $39.8m against liabilities of $27.1m, net assets of $12.7m. It reported 128 employees.