Ivy League Christian Academy

Analysis

Ivy League Christian Academy is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in April 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, Ivy League Christian Academy reported income of $388k and spending of $417k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $299k to $388k (+30%), an average of +9.0% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivy League Christian Academy sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Partnership to End AIDS Status Incorporated ($388k), Sha Arim Inc ($388k) and Livingston Huaxia Chinese School ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $41k (9.7% of expenses). Other salaries and wages came to $237k. At year end it held assets of $24k against liabilities of $52k, net assets of -$28k. It reported 13 employees.

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.