Onward Christian Academy

Analysis

Onward Christian Academy is a registered charity in United States, based in Forest, VA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Onward Christian Academy reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $431k to $1.2m (+176%), an average of +29% a year. The sharpest change came in the year to May 2021, when income rose by 70%. 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, Onward Christian Academy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include 4-H Clubs & Affiliated 4-H Organizations ($1.2m), The Tibetan Community of New York and New Jersey Inc ($1.2m) and Disability Lead ($1.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 7.9% and program service revenue 90% of the total. Other salaries and wages came to $714k. At year end it held assets of $716k against liabilities of $205, net assets of $716k. It reported 54 employees.