CheckMyDonation

Tennessee Christian Academy Inc

RegisteredEIN 62-1715514Cleveland, TNEducation and training
Income$1.7m2024-05
Spending$1.5msame year
Spent / received93%6-year average
Size in its cause81st pctEducation and training
Exempt since1999School
Employees38latest return

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

$0$497k$993k$1.5m$2.0m2019 Income: $1,812,3852019 Spending: $1,797,24520192020 Income: $1,422,9352020 Spending: $1,298,59320202021 Income: $959,6982021 Spending: $1,032,34320212022 Income: $1,342,3152022 Spending: $1,447,57020222023 Income: $1,986,8382023 Spending: $1,490,77320232024 Income: $1,670,7832024 Spending: $1,459,2482024
IncomeSpending

Where the income comes from

  • Contributions & grants 14%
  • Program services 86%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Augustine Literacy Project-CharlotteCharlotte$1.7m
Urban Preparatory AcademyWichita$1.7m
South Baltimore Learning Corp IncBaltimore$1.7m
Libraries Without BordersNew York$1.7m