Horizon Christian Academy Inc

Analysis

Horizon Christian Academy Inc is a registered charity in United States, based in Cumming, 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 June 2024, Horizon Christian Academy Inc reported income of $5.5m and spending of $5.3m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $5.5m (+123%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizon Christian Academy Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Southwestern Illinois College Foundation ($5.5m), Community Capital Corporation ($5.5m) and Regents School of Oxford Inc ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 88% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $9.2m against liabilities of $6.9m, net assets of $2.3m. It reported 79 employees.