Pantego Christian Academy Inc

Analysis

Pantego Christian Academy Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in April 1993, 33 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 2024, Pantego Christian Academy Inc reported income of $11.2m and spending of $9.4m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.4m to $11.2m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pantego Christian Academy Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Memphis Rise Academy Inc ($11.2m), Global Leadership Academy Southwest Charter School at Huey ($11.2m) and Tgs-Think Global School Inc ($11.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.0% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $252k (2.7% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $21.5m against liabilities of $10.5m, net assets of $11.0m. It reported 177 employees.