Union Christian Academy Inc
Analysis
Union Christian Academy Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in September 1998, 28 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, Union Christian Academy Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.7m to $2.3m (+34%), an average of +7.5% a year. The sharpest change came in the year to July 2021, when income rose by 33%. 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, Union Christian Academy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Sparkforce NFP ($2.3m), Educational Foundation of Lake County Inc ($2.3m) and Moravian College Housing Inc ($2.3m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $77k (3.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.9m against liabilities of $1.5m, net assets of $451k. It reported 84 employees.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 70%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sparkforce NFP | Elgin | $2.3m |
| Educational Foundation of Lake County Inc | Leesburg | $2.3m |
| Moravian College Housing Inc | Bethlehem | $2.3m |
| Business-Higher Education Forum | Washington | $2.3m |