Cardinal Community Academy

Analysis

Cardinal Community Academy is a registered charity in United States, based in Keenesburg, CO. It received its IRS tax-exemption ruling in September 1999, 27 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 June 2023, Cardinal Community Academy reported income of $2.3m and spending of $2.1m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $2.3m (+7.5%), an average of +2.4% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cardinal Community Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include The Farm Collaborative ($2.3m), Avalon School Inc ($2.3m) and Chesterfield Montessori School Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $17k (0.8% of expenses). Other salaries and wages came to $891k. At year end it held assets of $5.3m against liabilities of $240k, net assets of $5.1m. It reported 48 employees.