Anchor Christian Academy

Analysis

Anchor Christian Academy is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in March 2018, 8 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, Anchor Christian Academy reported income of $669k and spending of $659k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $229k to $669k (+192%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anchor Christian Academy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Boston Book Festival Inc ($669k), Echo Education Services ($669k) and Cresthaven Academy Foundation Inc ($669k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Other salaries and wages came to $407k. At year end it held assets of $616k against liabilities of $391k, net assets of $225k. It reported 26 employees.