Wake Christian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,719,742 | 5,118,933 | 600,809 | 12.8 | 55% |
| 2012 | 5,681,952 | 5,300,848 | 381,104 | 13.2 | 55% |
| 2013 | 5,588,941 | 5,272,398 | 316,543 | 14.0 | 55% |
| 2014 | 5,797,535 | 5,444,490 | 353,045 | 14.3 | 54% |
| 2015 | 6,151,166 | 5,666,947 | 484,219 | 14.8 | 53% |
| 2016 | 6,349,912 | 5,870,493 | 479,419 | 15.3 | 54% |
| 2017 | 6,965,479 | 6,459,051 | 506,428 | 14.8 | 52% |
| 2018 | 6,921,328 | 6,563,925 | 357,403 | 15.2 | 54% |
| 2019 | 7,684,876 | 7,039,015 | 645,861 | 15.3 | 54% |
| 2020 | 7,536,503 | 7,029,033 | 507,470 | 16.2 | 55% |
| 2021 | 8,454,571 | 6,962,666 | 1,491,905 | 18.9 | 56% |
| 2022 | 9,308,867 | 8,197,581 | 1,111,286 | 17.7 | 55% |
| 2023 | 10,198,663 | 8,990,452 | 1,208,211 | 17.7 | 54% |
| 2024 | 11,189,419 | 9,868,665 | 1,320,754 | 17.8 | 55% |
In its most recent public year (2024), this organization brought in $1,320,754 more than it spent. Its reserves stood at about 17.8 months of spending, up from 12.8 in 2011. Staff pay was 55% of spending. $251,932 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 2024. 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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