Concordia Academy-Wichita

Analysis

Concordia Academy-Wichita is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in May 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 June 2023, Concordia Academy-Wichita reported income of $102k and spending of $301k, spending 294% of what it took in. Across the 3 years on record, from December 2021 to June 2023, income fell from $390k to $102k (-74%), an average of -49% a year. The sharpest change came in the year to June 2023, when income rose by 455%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concordia Academy-Wichita sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within KS. Charities of a similar size with the same main cause include International Consortium Fororganizational Resilience ($102k), Charleston Ocean Racing Association Inc ($102k) and Blackhawk Football Boosters Inc ($102k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 59% of the total. At year end it held assets of $220k against liabilities of $11k, net assets of $210k.