Life Christian Academy Inc

Analysis

Life Christian Academy Inc is a registered charity in United States, based in Choctaw, OK. It received its IRS tax-exemption ruling in January 2000, 26 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, Life Christian Academy Inc reported income of $1.4m and spending of $1.4m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.4m (+14%), an average of +4.5% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Life 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 83rd percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Quest Autism Programs Inc ($1.4m), Rochdale Village Nursery School Inc ($1.4m) and Las Lomitas Education Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $94k (6.9% of expenses). Other salaries and wages came to $835k. At year end it held assets of $1.1m against liabilities of $431k, net assets of $717k. It reported 54 employees.