Oak Grove Christian Academy

Analysis

Oak Grove Christian Academy is a registered charity in United States, based in Edenton, NC. It received its IRS tax-exemption ruling in January 2023, 3 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, Oak Grove Christian Academy reported income of $202k and spending of $206k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $108k to $202k (+88%), an average of +88% a year. The sharpest change came in the year to June 2024, when income rose by 88%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Grove Christian Academy sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Eduvision International Inc ($202k), Lincoln Leadership Academy Foundation ($202k) and Hands for Health Inc ($202k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $29k (14% of expenses). Other salaries and wages came to $115k. At year end it held assets of $8,887 against liabilities of $28k, net assets of -$19k. It reported 5 employees.