Evangel Christian Academy Inc
Analysis
Evangel Christian Academy Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in August 2008, 18 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 May 2023, Evangel Christian Academy Inc reported income of $6.0m and spending of $6.2m, spending 104% of its income. Across the 6 years on record, from May 2018 to May 2023, income grew from $4.4m to $6.0m (+37%), an average of +6.5% a year. The sharpest change came in the year to May 2019, when income rose by 17%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Evangel Christian Academy Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Lafayette Christian School Inc ($6.0m), The Boys & Girls Club of Burbank and Greater East Valley Inc ($6.0m) and Clarion Universiy Foundation Inc ($6.0m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 24% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $65k (1.0% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $2.3m against liabilities of $2.9m, net assets of -$624k. It reported 224 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 69%
- Other 6.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lafayette Christian School Inc | Lagrange | $6.0m |
| The Boys & Girls Club of Burbank and Greater East Valley Inc | Burbank | $6.0m |
| Clarion Universiy Foundation Inc | Clarion | $6.0m |
| Friends of School in the Square Inc | New York | $6.0m |