Holy Cross Christian Academy Inc

Analysis

Holy Cross Christian Academy Inc is a registered charity in United States, based in Live Oak, FL. It received its IRS tax-exemption ruling in October 2019, 7 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, Holy Cross Christian Academy Inc reported income of $759k and spending of $1.5m, spending 196% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $759k (+108%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holy Cross Christian Academy Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Discovery Center ($759k), Ascend College Prep ($759k) and Yeshivas Ohr Yissochor Academy Inc ($759k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $775k. At year end it held assets of $1.1m against liabilities of $476k, net assets of $624k. It reported 15 employees.