Discovery Christian Academy
Analysis
Discovery Christian Academy is a registered charity in United States, based in Newbury Park, CA. It received its IRS tax-exemption ruling in December 2021, 5 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, Discovery Christian Academy reported income of $162k and spending of $154k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $68k to $162k (+138%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery Christian Academy sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Greensboro Academy Boosters ($162k), Faces of Valor USA Inc ($162k) and University of the Philippines Alumni Association in America Inc ($162k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 85%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Greensboro Academy Boosters | Greensboro | $162k |
| Faces of Valor USA Inc | Crownsville | $162k |
| University of the Philippines Alumni Association in America Inc | Jersey City | $162k |
| Midfield Institute of Cosmetology | Midfield | $162k |