The Academy of Classical Christian Studies Inc
Analysis
The Academy of Classical Christian Studies Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in December 2004, 22 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 2024, The Academy of Classical Christian Studies Inc reported income of $10.7m and spending of $9.5m, spending 89% of its income. Across the 6 years on record, from July 2019 to June 2024, income grew from $4.2m to $10.7m (+153%), an average of +20% a year. The sharpest change came in the year to July 2021, when income rose by 66%. Over the whole period it spent 74% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Academy of Classical Christian Studies Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Nextup Inc ($10.7m), Saint Martin de Porres High School ($10.7m) and Davidson Academy ($10.7m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $217k (2.3% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $22.3m against liabilities of $7.9m, net assets of $14.4m. It reported 230 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 79%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nextup Inc | Lutherville | $10.7m |
| Saint Martin de Porres High School | Cleveland | $10.7m |
| Davidson Academy | Nashville | $10.7m |
| Wayne Preparatory Academycharter School Inc | Goldsboro | $10.7m |