Hope Christian Academy Inc

Analysis

Hope Christian Academy Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in August 2009, 17 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 2024, Hope Christian Academy Inc reported income of $910k and spending of $905k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $602k to $910k (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Christian Academy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Folds of Honor Foundation ($910k), Alliance for Equity in Montessori Education ($910k) and Foundation for Rural Service ($910k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Other salaries and wages came to $636k. At year end it held assets of $292k against liabilities of $18k, net assets of $273k. It reported 34 employees.