Providence Christian Academy

Analysis

Providence Christian Academy is a registered charity in United States, based in Clinton, MS. 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, Providence Christian Academy reported income of $924k and spending of $840k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $637k to $924k (+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, Providence Christian Academy sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within MS. Charities of a similar size with the same main cause include Workforce Services Unlimited Inc ($924k), Discovery Public School of Faribault ($924k) and Undergraduate Student Assoc of the State University College at Genese ($924k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $56k (6.7% of expenses). Other salaries and wages came to $525k. At year end it held assets of $120k against liabilities of $29k, net assets of $91k. It reported 21 employees.