Concordia Christian Academy

Analysis

Concordia Christian Academy is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in October 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, Concordia Christian Academy reported income of $2.9m and spending of $2.9m, spending 100% of its income. The sharpest change came in the year to June 2020, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concordia Christian Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Kivunim ($2.9m), Oakton Community College Educational Foundation ($2.9m) and Park Academy ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $113k (4.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.8m against liabilities of $189k, net assets of $2.6m. It reported 63 employees.