Castle Rock Christian Academy

Analysis

Castle Rock Christian Academy is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in March 2023, 3 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, Castle Rock Christian Academy reported income of $913k and spending of $1.4m, spending 157% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $396k to $913k (+130%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 156%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Castle Rock Christian Academy sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Community Roots School ($912k), Academy of Orton-Gillingham Practitioners and Educators ($913k) and Hope Farm School ($912k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $62k (4.4% of expenses). Other salaries and wages came to $774k. At year end it held assets of $58k against liabilities of $170k, net assets of -$113k. It reported 26 employees.