Harvester Christian Academy Inc

Analysis

Harvester Christian Academy Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in December 2000, 26 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, Harvester Christian Academy Inc reported income of $3.8m and spending of $3.2m, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $10.2m to $3.8m (-62%), an average of -62% a year. The sharpest change came in the year to June 2023, when income dropped by 62%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvester Christian Academy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Rising Leaders Academy Inc ($3.8m), Chelsea School ($3.8m) and Faith Christian School ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $14.0m against liabilities of $5.2m, net assets of $8.8m. It reported 56 employees.