Union Christian Academy Inc
Analysis
Union Christian Academy Inc is a registered charity in United States, based in Farmerville, LA. It received its IRS tax-exemption ruling in February 2002, 24 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 July 2023, Union Christian Academy Inc reported income of $1.1m and spending of $1.4m, spending 128% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.5m to $1.1m (-27%), an average of -7.7% a year. Over the whole period it spent 109% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Union Christian Academy Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include Circle School ($1.1m), Creative Ministries Inc ($1.1m) and Bessemer Non Profit Development Corp ($1.1m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Other salaries and wages came to $751k. At year end it held assets of $1.3m against liabilities of $817k, net assets of $487k. It reported 40 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 60%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Circle School | San Antonio | $1.1m |
| Creative Ministries Inc | Oakdale | $1.1m |
| Bessemer Non Profit Development Corp | Bessemer | $1.1m |
| Christian Community Health Fellowship Inc | Memphis | $1.1m |