Heirway Christian Academy Inc

Analysis

Heirway Christian Academy Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in December 2002, 24 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 May 2011, Heirway Christian Academy Inc reported income of $797k and spending of $802k, spending 101% of its income. Across the 3 years on record, from May 2009 to May 2011, income fell from $871k to $797k (-8.4%), an average of -4.3% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heirway Christian Academy Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Cahawba Christian Academy Incorporated ($797k), Spring Hill-The Advanced Elementary School of Santa Cruz ($798k) and Homewood Church of Christ Day School ($796k).

On its Form 990 for the period ending May 2011, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $381k. At year end it held assets of $1.1m against liabilities of $666k, net assets of $392k. It reported 22 employees.