New Creation Christian Academy Inc

Analysis

New Creation Christian Academy Inc is a registered charity in United States, based in McDonough, GA. It received its IRS tax-exemption ruling in May 2001, 25 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, New Creation Christian Academy Inc reported income of $1.8m and spending of $1.3m, leaving 28% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.0m to $1.8m (+78%), an average of +12% a year. The sharpest change came in the year to July 2024, when income rose by 27%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Creation Christian Academy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Education Collaborative of Wny Inc ($1.8m), Leaven Kids ($1.8m) and Tots R US Daycare Ministries Inc ($1.8m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $62k (4.9% of expenses). Other salaries and wages came to $613k. At year end it held assets of $2.5m against liabilities of $886k, net assets of $1.6m. It reported 45 employees.