Christian Academy of Carrollton

Analysis

Christian Academy of Carrollton is a registered charity in United States, based in Carrollton, KY. It received its IRS tax-exemption ruling in May 1991, 35 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 Carrollton reported income of $660k and spending of $656k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $526k to $660k (+25%), an average of +7.9% a year. Over the whole period it spent 93% 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 Carrollton sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Imaginal Education Company ($660k), Little Blessings Christian Preschool ($660k) and Lexington Montessori School Inc ($660k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $19k (2.9% of expenses). Other salaries and wages came to $336k. It paid $1,592 in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $914, net assets of $1.2m. It reported 31 employees.