Triad Christian Academy Inc
Analysis
Triad Christian Academy Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Triad Christian Academy Inc reported income of $708k and spending of $549k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $708k (+110%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 86% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Triad Christian Academy Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Women Refugee Care ($708k), Community Rehabilitation Agencies of Tennessee ($708k) and Southeast Asian Coalition ($708k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 71% of the total. Other salaries and wages came to $352k. At year end it held assets of $499k against liabilities of $9,369, net assets of $490k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.5%
- Program services 71%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Women Refugee Care | Providence | $708k |
| Community Rehabilitation Agencies of Tennessee | Nashville | $708k |
| Southeast Asian Coalition | Charlotte | $708k |
| A New Beginning Adoption Agency Inc | Boise | $708k |