Excellent Covenant Christian Academy Inc

Analysis

Excellent Covenant Christian Academy Inc is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in May 2020, 6 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 August 2023, Excellent Covenant Christian Academy Inc reported income of $389k and spending of $289k, leaving 26% of income unspent that year. Across the 4 years on record, from August 2018 to August 2023, income grew from $219k to $389k (+78%), an average of +21% a year. The sharpest change came in the year to August 2023, when income rose by 198%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excellent Covenant Christian Academy Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Durango Montessori Inc ($389k), Indianola Preschool Inc ($389k) and Global Risk Management Institute Inc ($389k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $32k (11% of expenses). Other salaries and wages came to $94k. At year end it held assets of $204k against liabilities of $6,906, net assets of $197k. It reported 13 employees.