Accelerated Christian Education Ministries Inc

Analysis

Accelerated Christian Education Ministries Inc is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in September 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, Accelerated Christian Education Ministries Inc reported income of $2.5m and spending of $2.0m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.5m (-5.3%), an average of -1.3% a year. 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, Accelerated Christian Education Ministries Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Unite and Renew Educational Foundation Inc ($2.5m), Liberty Classical Schools Educational Services Inc ($2.5m) and Community College of Rhode Island Foundation ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 81% of the total. Other salaries and wages came to $708k. At year end it held assets of $12.8m against liabilities of $788k, net assets of $12.0m. It reported 24 employees.