Laramie Christian Academy

Analysis

Laramie Christian Academy is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in July 2020, 6 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 August 2023, Laramie Christian Academy reported income of $274k and spending of $312k, spending 114% of what it took in. Across the 3 years on record, from December 2019 to August 2023, income grew from $1,216 to $274k (+22452%), an average of +1402% a year. The sharpest change came in the year to August 2022, when income rose by 15218%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laramie Christian Academy sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within WY. Charities of a similar size with the same main cause include Lords Kingdom Academy ($274k), Annies Project-Education for Farm Women ($274k) and Friends of Bridgeton Public Charter School ($274k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $100k (32% of expenses). Other salaries and wages came to $94k. At year end it held assets of $139k against liabilities of $154k, net assets of -$15k.