Neuse Christian Academy Inc

Analysis

Neuse Christian Academy Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 2010, 16 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 July 2023, Neuse Christian Academy Inc reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.1m to $2.7m (+29%), an average of +6.5% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neuse Christian Academy Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Manchester Scholarship Foundation Inc ($2.7m), Yeshiva Endowment Foundation Inc ($2.7m) and Cape Fear Montessori Village Inc ($2.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.3m against liabilities of $414k, net assets of $907k. It reported 64 employees.