Christian Academy of Louisville Inc

Analysis

Christian Academy of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2004, 22 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, Christian Academy of Louisville Inc reported income of $28.6m and spending of $28.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.8m to $28.6m (+6.9%), an average of +1.7% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Academy of Louisville Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include The Ross Institute Inc ($28.6m), Caney Creek Community Center ($28.7m) and University of Utah Research Foundation ($28.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $536k (1.9% of expenses). Other salaries and wages came to $12.9m. At year end it held assets of $32.3m against liabilities of $9.8m, net assets of $22.5m. It reported 596 employees.