Promised Land Christian Academy Inc

Analysis

Promised Land Christian Academy Inc is a registered charity in United States, based in Kemah, TX. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Promised Land Christian Academy Inc reported income of $1.1m and spending of $918k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $1.1m (+191%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Promised Land Christian Academy Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Shack Neighborhood House Inc ($1.1m), Single Mothers Outreach Inc ($1.1m) and Latched Support Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $157k (17% of expenses). Other salaries and wages came to $326k. At year end it held assets of $290k against liabilities of $0, net assets of $290k.