New Braunfels Christian Academy Inc

Analysis

New Braunfels Christian Academy Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in May 1982, 44 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 2023, New Braunfels Christian Academy Inc reported income of $11.7m and spending of $8.0m, leaving 31% of income unspent that year. Across the 5 years on record, from July 2019 to May 2023, income grew from $4.8m to $11.7m (+141%), an average of +25% a year. The sharpest change came in the year to May 2023, when income rose by 44%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Braunfels Christian Academy Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Hill Country Transit District ($11.6m), National Employment Law Project ($11.7m) and Dayspring Health Inc ($11.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $207k (2.6% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $11.6m against liabilities of $3.9m, net assets of $7.7m. It reported 191 employees.