Cloverhill Christian Academy

Analysis

Cloverhill Christian Academy is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cloverhill Christian Academy reported income of $2.7m and spending of $2.6m, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.8m to $2.7m (+52%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cloverhill Christian Academy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Church of the Harvest ($2.7m), Wendy and Avron Fogelman Foundation ($2.7m) and Commentary Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $455k against liabilities of $63k, net assets of $392k. It reported 114 employees.