Northpoint Christian Academy Inc
Analysis
Northpoint Christian Academy Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in June 2022, 4 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 2023, Northpoint Christian Academy Inc reported income of $2.5m and spending of $2.5m, spending 97% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.7m to $2.5m (+45%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Northpoint Christian Academy Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Trey Whitfield School ($2.5m), Upper Valley Waldorf School ($2.5m) and Jewish Day School of Providence ($2.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $129k (5.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $581k against liabilities of $300k, net assets of $281k. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 2.1%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trey Whitfield School | Brooklyn | $2.5m |
| Upper Valley Waldorf School | Quechee | $2.5m |
| Jewish Day School of Providence | Providence | $2.5m |
| Children First Education Fund | South Jordan | $2.5m |