Clay County Christian Academy Inc

Analysis

Clay County Christian Academy Inc is a registered charity in United States, based in Ashland, AL. It received its IRS tax-exemption ruling in May 2006, 20 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 July 2024, Clay County Christian Academy Inc reported income of $2.0m and spending of $1.1m, leaving 46% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $714k to $2.0m (+177%), an average of +29% a year. The sharpest change came in the year to July 2022, when income rose by 96%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clay County Christian Academy Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include New York Genealogical and Biographical Society ($2.0m), Lula Rich Educational Foundation Inc ($2.0m) and Moses Lake Christian Academy ($2.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $576k. At year end it held assets of $4.6m against liabilities of $1,461, net assets of $4.6m. It reported 39 employees.