Reid Temple Christian Academy Inc

Analysis

Reid Temple Christian Academy Inc is a registered charity in United States, based in Glenn Dale, MD. It received its IRS tax-exemption ruling in July 2014, 12 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 July 2023, Reid Temple Christian Academy Inc reported income of $3.4m and spending of $3.8m, spending 114% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $4.4m to $3.4m (-24%), an average of -6.6% a year. The sharpest change came in the year to July 2021, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reid Temple Christian Academy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Alternative School for Math and Science ($3.4m), Ruah Woods ($3.4m) and Action for Healthy Kids Inc ($3.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $84k (2.2% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $724k against liabilities of $628k, net assets of $96k. It reported 69 employees.