Genesis Christian Academy Inc

Analysis

Genesis Christian Academy Inc is a registered charity in United States, based in Margate, FL. It received its IRS tax-exemption ruling in December 2022, 4 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, Genesis Christian Academy Inc reported income of $2.7m and spending of $2.2m, spending 80% of its income. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Genesis Christian Academy Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Touchstone Services Incorporated ($2.7m), Frankie Lemmon School and Developmental Center Inc ($2.7m) and Six Seconds ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $917k. At year end it held assets of $21.0m against liabilities of $20.4m, net assets of $537k. It reported 78 employees.