Twelve Stones Christian Academy
Analysis
Twelve Stones Christian Academy is a registered charity in United States, based in Erlanger, KY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Twelve Stones Christian Academy reported income of $591k and spending of $838k, spending 142% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $343k to $591k (+72%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 85%. Over the whole period it spent 144% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Twelve Stones Christian Academy sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Direct Air Capture Coalition Inc ($590k), California Conference of Directors of Environmental Health ($592k) and Sipson Island Trust Inc ($590k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $496k. At year end it held assets of $7.4m against liabilities of $8.7m, net assets of -$1.3m.
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.
Income and spending
Where the income comes from
- Contributions & grants 37%
- Program services 63%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Direct Air Capture Coalition Inc | Westport | $590k |
| California Conference of Directors of Environmental Health | Cameron Park | $592k |
| Sipson Island Trust Inc | South Orleans | $590k |
| Foundation for Glacier & Environmental Research | Seattle | $592k |