Hillsboro Christian Academy

Analysis

Hillsboro Christian Academy is a registered charity in United States, based in Hillsboro, OH. It received its IRS tax-exemption ruling in March 2011, 15 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 August 2023, Hillsboro Christian Academy reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $778k to $1.6m (+102%), an average of +19% a year. The sharpest change came in the year to August 2022, when income rose by 48%. 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, Hillsboro Christian Academy 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 84th percentile within OH. Charities of a similar size with the same main cause include Horizon Science Academy Twin Cities ($1.6m), Khalsa Montessori Primary School ($1.6m) and The Garage Community and Youth Center ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $932k. At year end it held assets of $1.3m against liabilities of $391k, net assets of $899k. It reported 62 employees.