CSCharityScored
81

Faith Academy Charter School Inc

Education · Salisbury, North Carolina

5760 Mt Hope Church Rd, Salisbury, NC 28146-2339

EIN: 852067737· Founded: Apr 2021· 5 years active· Filing Year: 2024

Annual Revenue

$9.1M

Total Expenses

$8.8M

Total Assets

$30.5M

Program Spending

90%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$3.9M

Total Payroll

$3.9M

45% of total expenses

Where the Money Goes

90%
Programs: 90%
Payroll: 45%
Other overhead: 10%
Program Revenue$7.9M (87%)
Total Expenses$8.8M (96%)
Payroll$3.9M (45%)
Overhead (non-program)10%

Trust Score Breakdown

Program Spending Ratio

90% of expenses go to programs

40%

Revenue & Stability

$9.1M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$30.5M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.