Alabama Christian Academy

Analysis

Alabama Christian Academy is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in January 1984, 42 years ago. 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 2023, Alabama Christian Academy reported income of $10.0m and spending of $8.6m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $10.0m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alabama Christian Academy 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 95th percentile, and in the 97th percentile within AL. Charities of a similar size with the same main cause include Mercy Hospital Watonga Inc ($10.0m), Blue Valley Behavioral Health Foundation of Gage County Inc ($10.0m) and Commercial Vehicle Safety Alliance ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $303k (3.5% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $9.4m against liabilities of $1.8m, net assets of $7.6m. It reported 98 employees.