Southwest Christian Academy Inc
Analysis
Southwest Christian Academy Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 1989, 37 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 May 2022, Southwest Christian Academy Inc reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 4 years on record, from May 2019 to May 2022, income fell from $1.7m to $1.6m (-7.8%), an average of -2.7% a year. The sharpest change came in the year to May 2021, when income dropped by 20%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Christian Academy Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Davidson Medical Ministries Clinic Inc ($1.6m), Meals on Wheels of Syracuse New York Inc ($1.6m) and Independent Electrical Training Trust ($1.6m).
On its Form 990 for the period ending May 2022, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $802k. At year end it held assets of $190k against liabilities of $150k, net assets of $40k. It reported 62 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.1%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Davidson Medical Ministries Clinic Inc | Lexington | $1.6m |
| Meals on Wheels of Syracuse New York Inc | Syracuse | $1.6m |
| Independent Electrical Training Trust | Tigard | $1.6m |
| Friends of Citrus and the Nature Coast Inc | Homosassa | $1.6m |