Montgomery Christian Academy

Analysis

Montgomery Christian Academy is a registered charity in United States, based in Montgomery, TX. It received its IRS tax-exemption ruling in June 2016, 10 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 2023, Montgomery Christian Academy reported income of $1.0m and spending of $904k, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $873k to $1.0m (+17%), an average of +4.0% a year. The sharpest change came in the year to July 2020, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery Christian Academy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Lake Tahoe Community College Foundation ($1.0m), Tommy Spaulding Leadership Institute ($1.0m) and Syracuse Hebrew Day School Max Gilbert Hebrew Academy ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $545k. At year end it held assets of $973k against liabilities of $11k, net assets of $962k. It reported 30 employees.