Charis Classical Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 126,169 | 65,968 | 60,201 | 15.1 | — |
| 2015 | 148,531 | 97,689 | 50,842 | 16.1 | — |
| 2016 | 98,923 | 132,225 | −33,302 | 7.1 | — |
| 2017 | 214,263 | 200,475 | 13,788 | 4.9 | 72% |
| 2018 | 291,348 | 281,841 | 9,507 | 2.5 | 72% |
| 2019 | 311,875 | 365,781 | −53,906 | -0.2 | 72% |
| 2020 | 399,794 | 445,718 | −45,924 | -1.5 | 71% |
| 2021 | 593,376 | 412,409 | 180,967 | 3.6 | 78% |
| 2022 | 583,834 | 478,293 | 105,541 | 6.6 | 78% |
| 2023 | 908,052 | 587,248 | 320,804 | 11.9 | 75% |
In its most recent public year (2023), this organization brought in $320,804 more than it spent. Its reserves stood at about 11.9 months of spending, down from 15.1 in 2014. Staff pay was 75% of spending. $334,462 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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