Pure in Heart Christian Academy & Performing Arts Center Inc

Analysis

Pure in Heart Christian Academy & Performing Arts Center Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in December 2022, 4 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 December 2022, Pure in Heart Christian Academy & Performing Arts Center Inc reported income of $271k and spending of $291k, spending 107% of what it took in. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pure in Heart Christian Academy & Performing Arts Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Foundation of the University of North Carolina at Wilmington Inc ($271k), Techie Youth Corp ($271k) and Brooklyn Technical High School Parent Association Inc ($271k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $62k (21% of expenses). Other salaries and wages came to $91k. At year end it held assets of $13k against liabilities of $142k, net assets of -$129k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.