Asheville Christian Academy
Asheville Christian Academy reported $25.5 million in revenue and $19.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $48.60 went to program services, $49.42 to management and general costs and $1.98 to fundraising. Its largest source of revenue was contributions and grants: 49.5% of the total. The highest compensation it reported for one person was $320,236 (Former Head of School). 3 people received more than $100,000 in reportable compensation. Revenue rose 172% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $19MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $25M- Contributions & grants (non-government)$46.15 $13M
- Program service revenue$39.98 $11M
- Other revenue$13.87 $3.8M
Investment income was negative: −$1.8M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 48.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 49.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 49.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 42.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $320,236 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.67% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 3 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 13.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Former Head of School Key employee, 0.00 hrs/week | $305,218 | $0 | $15,018 | $320,236 |
| Head of school/board member Director/trustee, officer, 40.00 hrs/week | $175,991 | $0 | $82,714 | $258,705 |
| CFO Officer, 40.00 hrs/week | $69,991 | $0 | $42,770 | $112,761 |
3 people received more than $100,000 in reportable compensation from Asheville Christian Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $551K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5246
- Volunteers Part I, line 6350
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PBI Commercial Interiors Flooring and furniture | $2,007,870 |
| Insight Planning and Development Debris monitoring services | $701,494 |
| FLIK USA Food services | $487,392 |
| Dominion Company Police Security services | $266,278 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to Asheville Christian Academy totaling $175K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Asheville Christian Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Asheville Christian Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Asheville Christian Academy spent in FY2025, $48.60 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Uc Santa Cruz FoundationSanta Cruz, CA · revenue $25M · programs 99.6% · FY2025
- Harlem Children's Zone Promise Academy Charter School IINew York, NY · revenue $25M · programs 92.1% · FY2025
- Crossroads Charter SchoolsKansas City, MO · revenue $25M · programs 87.5% · FY2025
- Variety Child Learning CenterSyosset, NY · revenue $25M · programs 87.4% · FY2025
- Auxiliary Services Corporation of SUNY CortlandCortland, NY · revenue $25M · programs 87.7% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Asheville Christian Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Asheville Christian Academy reported that 48.6% of its $19.2 million in expenses went to program services, 49.4% to management and general and 2.0% to fundraising (Form 990, Part IX).
How much does Asheville Christian Academy pay its top executive?
The largest total compensation Asheville Christian Academy reported for one person in the fiscal year ending June 30, 2025 was $320,236, for the role of Former Head of School (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Asheville Christian Academy get its money?
Of $25.5 million in revenue in the fiscal year ending June 30, 2025, 49.5% came from contributions and grants and 42.8% from program service revenue (Form 990, Part VIII).
Is Asheville Christian Academy a registered charity?
The IRS lists EIN 56-0889168 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621349349305457 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202512689349302051 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349307879 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349309427 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201189349300345 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101279349302150 · read the filing
All filings for EIN 56-0889168: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.