Providence Christian Academy Inc

Analysis

Providence Christian Academy Inc is a registered charity in United States, based in Lilburn, GA. It received its IRS tax-exemption ruling in April 1992, 34 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, Providence Christian Academy Inc reported income of $14.6m and spending of $15.7m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $13.0m to $14.6m (+12%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Christian Academy Inc 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 GA. Charities of a similar size with the same main cause include Accreditation Board for Engineering and Technology Inc ($14.6m), Newberry Library ($14.6m) and Unidel Foundation Inc ($14.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $308k (2.0% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $20.2m against liabilities of $3.8m, net assets of $16.5m. It reported 174 employees.