Faith Academy of Bellville

Analysis

Faith Academy of Bellville is a registered charity in United States, based in Bellville, TX. It received its IRS tax-exemption ruling in August 1997, 29 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, Faith Academy of Bellville reported income of $4.1m and spending of $4.1m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.8m to $4.1m (+6.7%), an average of +2.2% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Academy of Bellville sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Washington Christian School Society Inc ($4.1m), Foundation Christian Academy Inc ($4.1m) and MDQ Academy ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 52% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $9.5m against liabilities of $174k, net assets of $9.3m. It reported 156 employees.