Charity Search / CHRIST CLASSICAL ACADEMY
Education (B24) 990 on File

CHRIST CLASSICAL ACADEMY

EIN: 47-1505101 · CONNELLY SPG, NC 28612-8054 · United States · FY 2024 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 50/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.4M
Total Revenue
$1.3M
Total Expenses
$762K
Net Assets
51
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.8%
Fundraising Efficiency 0.0%
Operating Reserve 7.31x
Liability-to-Asset 35.9%
Revenue Diversification 51.5%
Compared with Peers
FY 2024
Compared with 7,551 similar organizations (United States, Education, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.8% 84.5%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.2% 12.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
0.0% 57.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
7.3 mo 9.0 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
35.9% 18.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
51.5% 89.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
27.7% 7.7%
P10P90
Expense growth
Year over year expense growth
34.7% 8.7%
P10P90
Surplus margin
Surplus as a share of revenue
11.7% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.4M $1.3M $762K 81.8% 51
2023 $1.1M $928K $597K 82.1% 33
2022 $792K $604K $417K 94.6% 31
2021 $596K $398K N/A 19
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Organization Details
EIN
47-1505101
State
NC
City
CONNELLY SPG
ZIP
28612-8054
Classification
B24
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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