Coral Ridge Christian Academy Inc

Analysis

Coral Ridge Christian Academy Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in June 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 December 2023, Coral Ridge Christian Academy Inc reported income of $679k and spending of $664k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $679k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 66%. 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, Coral Ridge Christian Academy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Classic for Columbus ($679k), Center for Life and Faith ($680k) and Horizons at CT State Norwalk Inc ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $369k. At year end it held assets of $618k against liabilities of $169k, net assets of $449k. It reported 13 employees.