Berean Christian Academy Inc

Analysis

Berean Christian Academy Inc is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in August 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 June 2024, Berean Christian Academy Inc reported income of $2.8m and spending of $1.8m, leaving 34% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $330k to $2.8m (+735%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Berean Christian Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Early Childhood Education Step ($2.8m), Gateway Middle School ($2.8m) and Urbanpromise Ministries Wilmington ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $37k (2.0% of expenses). Other salaries and wages came to $929k. At year end it held assets of $3.1m against liabilities of $966k, net assets of $2.1m. It reported 49 employees.