Canton Christian Academy of Ne Texas

Analysis

Canton Christian Academy of Ne Texas is a registered charity in United States, based in Canton, TX. It received its IRS tax-exemption ruling in March 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, Canton Christian Academy of Ne Texas reported income of $252k and spending of $221k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $136k to $252k (+85%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Canton Christian Academy of Ne Texas sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Sequoia Parent Teacher Organization ($252k), Minnesota Football Coaches Association ($252k) and Chico Cheer All Stars ($252k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $37k (17% of expenses). Other salaries and wages came to $110k. At year end it held assets of $66k against liabilities of $0, net assets of $66k. It reported 14 employees.