Education
(B24)
IRS Verified
DX Registered
990 on File
VERITAS CHRISTIAN ACADEMY INC
Financial strength (30%)
79/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Veritas Christian Academy is an independent, non-denominational, PreK - 12, college preparatory school with an educational culture built on the classical Trivium and historic Biblical Christianity.
Financial Overview — FY 2025
$4.6M
Total Revenue
$4.4M
Total Expenses
$3.8M
Net Assets
105
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.2%
Fundraising Efficiency
779.0%
Operating Reserve
10.27x
Liability-to-Asset
26.3%
Revenue Diversification
67.2%
Executive Compensation
$146K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
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
|
90.2% | 84.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.8% | 12.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
779.0% | 60.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.3 mo | 9.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
26.3% | 21.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
67.2% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
9.2% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.1% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.5% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $4.6M | $4.4M | $3.8M | 90.2% | 105 |
| 2024 | $4.3M | $4.2M | $3.6M | 91.1% | 96 |
| 2023 | $4.1M | $3.9M | $3.5M | 90.5% | 94 |
| 2022 | $3.8M | $3.4M | $3.4M | 89.6% | 114 |
| 2021 | $4.2M | $3.5M | N/A | — | 110 |
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