Valley Christian Academy

Analysis

Valley Christian Academy is a registered charity in United States, based in Riceville, TN. It received its IRS tax-exemption ruling in December 2019, 7 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, Valley Christian Academy reported income of $741k and spending of $690k, spending 93% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $319k to $741k (+132%), an average of +24% a year. The sharpest change came in the year to July 2024, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Christian Academy sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Sprouts Inc ($741k), Schaefferstown Mennonite High School Inc ($741k) and New York State Government Finance Officers Association Inc ($741k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $498k. At year end it held assets of $169k against liabilities of $70k, net assets of $100k. It reported 27 employees.