Wayne Trace Character Academy

Analysis

Wayne Trace Character Academy is a registered charity in United States, based in Payne, OH. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Wayne Trace Character Academy reported income of $63k and spending of $21k, leaving 67% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $241k to $63k (-74%), an average of -36% a year. The sharpest change came in the year to June 2021, when income dropped by 43%. Over the whole period it spent 13% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wayne Trace Character Academy sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Change Soul Inc ($63k), Friends of the Baptist Student Union at Missouri S&t Inc ($63k) and Broken Chains Missionary Church ($63k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $455k against liabilities of $0, net assets of $455k.