Starboard Christian Academy

Analysis

Starboard Christian Academy is a registered charity in United States, based in Denver, NC. It received its IRS tax-exemption ruling in September 2018, 8 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, Starboard Christian Academy reported income of $463k and spending of $350k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $356k to $463k (+30%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Starboard Christian Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include North Alabama Homebuilding Academy Inc ($463k), Leadingage Georgia Inc ($463k) and Hannah Project Partnership for Academic Achievement ($463k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $24k (6.9% of expenses). Other salaries and wages came to $206k. At year end it held assets of $301k against liabilities of $33k, net assets of $268k. It reported 14 employees.