Covenant Christian Academy

Analysis

Covenant Christian Academy is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in December 1989, 37 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, Covenant Christian Academy reported income of $2.9m and spending of $3.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.9m (-2.5%), an average of -0.6% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Covenant Christian Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Music Teachers National Association Inc ($2.9m), Suny Agriculture & Tech College Found Inc Faculty Stud Assoc Suny ($2.9m) and Timothy L Johnson Academy Middle School Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.6% and program service revenue 91% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $4.8m against liabilities of $5.9m, net assets of -$1.1m. It reported 78 employees.