Kings Christian Academy Inc

Analysis

Kings Christian Academy Inc is a registered charity in United States, based in Big Stone Gap, VA. It received its IRS tax-exemption ruling in March 2004, 22 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 July 2024, Kings Christian Academy Inc reported income of $145k and spending of $154k, spending 106% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $90k to $145k (+61%), an average of +13% a year. The sharpest change came in the year to July 2021, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kings Christian Academy Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Greater L a African American Chamber of Commerce Education Fund ($145k), Literacy Initiatives ($145k) and Bucharest Christian Academy Foundation ($145k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 23% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $65k (43% of expenses). Other salaries and wages came to $70k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 10 employees.