Oconee Christian Academy

Analysis

Oconee Christian Academy is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in January 1995, 31 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, Oconee Christian Academy reported income of $2.0m and spending of $1.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.0m (+59%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oconee Christian Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Passport School Inc ($2.0m), Valley Tuition Organization ($2.0m) and Plumbers & Pipefitters Local 23 Training Fund ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $134k (8.4% of expenses). Other salaries and wages came to $655k. At year end it held assets of $3.1m against liabilities of $2.0m, net assets of $1.1m. It reported 43 employees.