Donelson Christian Academy Inc

Analysis

Donelson Christian Academy Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 1972, 54 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 May 2023, Donelson Christian Academy Inc reported income of $13.9m and spending of $13.8m, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $10.8m to $13.9m (+28%), an average of +6.4% a year. The sharpest change came in the year to May 2020, when income rose by 87%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Donelson Christian Academy Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Mason Korea LLC ($13.9m), Murray Edwards College ($13.9m) and Kennesaw State Unversity Research and Service Foundation Inc ($13.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $230k (1.7% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $25.2m against liabilities of $9.1m, net assets of $16.1m. It reported 199 employees.