Rivers Edge Christian Academy

Analysis

Rivers Edge Christian Academy is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in January 2000, 26 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, Rivers Edge Christian Academy reported income of $4.1m and spending of $3.2m, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $4.1m (+204%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 52%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rivers Edge Christian Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Hosting Solutions and Library Consulting ($4.1m), Grace Academy Inc ($4.1m) and A Step Ahead in Pierce Co ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $75k (2.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.5m against liabilities of $836k, net assets of $1.7m. It reported 128 employees.