LA Vie Christian Academy Corp

Analysis

LA Vie Christian Academy Corp is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, LA Vie Christian Academy Corp reported income of $747k and spending of $747k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $804k to $747k (-7.1%), an average of -7.1% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Vie Christian Academy Corp sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Sumner Daycare & Learning Center Inc ($746k), Kipp Massachusetts Inc ($747k) and High School Inc Academies Foundation ($746k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $73k (9.7% of expenses). Other salaries and wages came to $535k. At year end it held assets of $234k against liabilities of $0, net assets of $234k. It reported 30 employees.