Tennessee Christian Academy Inc
Analysis
Tennessee Christian Academy Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in November 1999, 27 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 2024, Tennessee Christian Academy Inc reported income of $1.7m and spending of $1.5m, spending 87% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $1.8m to $1.7m (-7.8%), an average of -1.6% a year. The sharpest change came in the year to May 2023, when income rose by 48%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Tennessee Christian Academy Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Augustine Literacy Project-Charlotte ($1.7m), Urban Preparatory Academy ($1.7m) and South Baltimore Learning Corp Inc ($1.7m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $862k. At year end it held assets of $1.2m against liabilities of $1.3m, net assets of -$31k. It reported 38 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 86%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Augustine Literacy Project-Charlotte | Charlotte | $1.7m |
| Urban Preparatory Academy | Wichita | $1.7m |
| South Baltimore Learning Corp Inc | Baltimore | $1.7m |
| Libraries Without Borders | New York | $1.7m |