Impact Christian Academy

Analysis

Impact Christian Academy is a registered charity in United States, based in Buffalo, MN. It received its IRS tax-exemption ruling in July 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 2024, Impact Christian Academy reported income of $710k and spending of $749k, spending 105% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $106k to $710k (+568%), an average of +158% a year. The sharpest change came in the year to June 2023, when income rose by 578%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impact Christian Academy sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Texas Diversity Council ($710k), El Paso Country Day School Inc ($710k) and St Louis de Montfort Academy Inc ($710k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 73% of the total. Other salaries and wages came to $487k. At year end it held assets of $315k against liabilities of $963, net assets of $314k. It reported 21 employees.