Christ the King Athletic Academy Inc

Analysis

Christ the King Athletic Academy Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Christ the King Athletic Academy Inc reported income of $103k and spending of $97k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $103k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Christ the King Athletic Academy Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Ely Blue Line ($102k), Upper Arlington Baseball Boostersclub Inc ($103k) and Little League Baseball Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $34k against liabilities of $19k, net assets of $14k.