Christ Life Academy
Analysis
Christ Life Academy is a registered charity in United States, based in Lawrenceburg, TN. 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 July 2024, Christ Life Academy reported income of $846k and spending of $798k, spending 94% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $241k to $846k (+251%), an average of +37% a year. The sharpest change came in the year to July 2021, when income rose by 81%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Christ Life Academy sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Clara Mohammed School Inc ($846k), Rising Aviation High School Inc ($846k) and Team Up Mentoring Inc ($846k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 39% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $48k (6.0% of expenses). Other salaries and wages came to $473k. At year end it held assets of $530k against liabilities of $227k, net assets of $304k. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 57%
- Other 4.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Clara Mohammed School Inc | Milwaukee | $846k |
| Rising Aviation High School Inc | Plano | $846k |
| Team Up Mentoring Inc | Monroe | $846k |
| LGH Administrative Services Inc | Lawrence | $846k |