Blast Christian Academy

Analysis

Blast Christian Academy is a registered charity in United States, based in Richmond, KY. It received its IRS tax-exemption ruling in December 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, Blast Christian Academy reported income of $180k and spending of $200k, spending 111% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $650 to $180k (+27576%), an average of +1564% a year. The sharpest change came in the year to June 2022, when income rose by 17145%. 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, Blast Christian Academy sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Mr Dads Fathers Club ($180k), Hmong American Peace Academy Foundation Inc ($180k) and Marching Bears Inc ($180k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Other salaries and wages came to $133k. At year end it held assets of $23k against liabilities of $4,168, net assets of $19k. It reported 18 employees.