Christ Classical Academy Inc

Analysis

Christ Classical Academy Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 2005, 21 years ago. 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 December 2022, Christ Classical Academy Inc reported income of $2.0m and spending of $1.8m, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $2.0m (+82%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christ Classical Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Ann Arbor Symphony Orchestra Inc ($2.0m), Solve Me CFS Initiative Inc ($2.0m) and Shalem Healing ($2.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $92k (5.1% of expenses). Other salaries and wages came to $869k. At year end it held assets of $2.8m against liabilities of $1.7m, net assets of $1.1m. It reported 36 employees.