Kings Christian Academy Roanoke Inc

Analysis

Kings Christian Academy Roanoke Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in September 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 June 2024, Kings Christian Academy Roanoke Inc reported income of $838k and spending of $1.3m, spending 150% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $669k to $838k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kings Christian Academy Roanoke Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Northeast Wa-Northern Idaho Sheet Metal Educational Training Trust ($838k), Flower Mound High School Band Booster Club ($838k) and Independent Connecticut Petroleum Association Education Foundation ($838k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Other salaries and wages came to $683k. At year end it held assets of $58k against liabilities of $8,720, net assets of $50k.