New Castle Christian Academy Inc

Analysis

New Castle Christian Academy Inc is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in August 2017, 9 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 2023, New Castle Christian Academy Inc reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $799k to $1.3m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Castle Christian Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Josephine Community Library Foundation ($1.3m), James Megellas Foundation Inc ($1.3m) and North Carolina Trucking Association Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $60k (4.7% of expenses). Other salaries and wages came to $570k. At year end it held assets of $715k against liabilities of $55k, net assets of $659k. It reported 38 employees.