Concordia Classical Academy Inc

Analysis

Concordia Classical Academy Inc is a registered charity in United States, based in Verona, KY. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Concordia Classical Academy Inc reported income of $156k and spending of $175k, spending 112% of what it took in. Across the 3 years on record, from December 2022 to June 2024, income grew from $122k to $156k (+28%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 223%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concordia Classical Academy Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include Japanese Academy of the Rockies a Colorado Nonprofit Corporation ($156k), Brecksville Cooperative Preschool Inc ($156k) and Urban Initiatives for Development ($156k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $43k against liabilities of $4,119, net assets of $39k.