Foundation Christian Academy Inc

Analysis

Foundation Christian Academy Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in April 1996, 30 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, Foundation Christian Academy Inc reported income of $4.0m and spending of $3.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $4.0m (+82%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation Christian Academy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include St Paul School of Northern Lights ($4.0m), American Friends of Daas Aharon Inc ($4.0m) and Alpena Community College Foundation ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $8.0m against liabilities of $182k, net assets of $7.8m. It reported 108 employees.