Little Rock Christian Academy Inc

Analysis

Little Rock Christian Academy Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in June 1995, 31 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 June 2023, Little Rock Christian Academy Inc reported income of $23.9m and spending of $22.1m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $22.1m to $23.9m (+8.0%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Rock Christian Academy Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within AR. Charities of a similar size with the same main cause include Pittsburgh Technical Institute Inc ($23.9m), University of California Home Loan Program Corporation ($23.9m) and Auxiliary Services Corporation of Suny Cortland ($23.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $592k (2.7% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $60.8m against liabilities of $2.2m, net assets of $58.5m. It reported 312 employees.