Christian Academy of Lawrenceburg Kentucky Inc
Analysis
Christian Academy of Lawrenceburg Kentucky Inc is a registered charity in United States, based in Lawrenceburg, KY. It received its IRS tax-exemption ruling in October 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, Christian Academy of Lawrenceburg Kentucky Inc reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $750k to $1.6m (+116%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 92% 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 Lawrenceburg Kentucky Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Kings Academy Inc ($1.6m), PCS Building Company ($1.6m) and Family Foundation ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 79% of the total. Other salaries and wages came to $774k. At year end it held assets of $1.3m against liabilities of $780k, net assets of $525k. It reported 71 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 79%
- Other 9.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kings Academy Inc | Mohrsville | $1.6m |
| PCS Building Company | Ramsey | $1.6m |
| Family Foundation | Richmond | $1.6m |
| Greg Mathis Charter High School | N Charleston | $1.6m |