Christel House Academy Inc

Christel House Academy Inc shows strong financial growth and dedicates 85% of expenses to programs with no reported officer compensation.

EIN: 20550824 · Indianapolis, IN · NTEE: B40 · Updated: 2026-03-28

$32.9MRevenue

$35.2MAssets

92/100Mission Score (Excellent)

B40

About Christel House Academy Inc

Christel House Academy Inc (EIN: 20550824) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B40. The organization reported total revenue of $32.9M and total assets of $35.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christel House Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Christel House Academy Inc demonstrates strong financial health and a consistent commitment to its program services. Over the past decade, the organization has shown significant growth in revenue, from $7.8 million in 2014 to $28.8 million in 2023, indicating expanding operations and impact. Their asset base has also grown substantially, reaching $30 million in 2023, which provides a solid foundation for future activities.

The organization consistently spends a high proportion of its expenses on program services, as evidenced by the detailed spending breakdown. This efficiency in resource allocation suggests that the majority of donations and revenue directly support their mission. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a focus on directing funds towards the mission rather than executive salaries, which is highly commendable for a nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Christel House Academy Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Christel House Academy Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Christel House Academy Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is exceptional for an organization of its size with revenues exceeding $28 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Christel House Academy Inc:

Strong program spending ratio (85% of expenses dedicated to programs).
Consistent reporting of 0% officer compensation, indicating high transparency and mission focus.
Significant and sustained revenue growth over the past decade, demonstrating expanding impact.
Healthy asset base ($30,071,036 in 2023) providing financial stability.
Efficient use of funds with a low fundraising expense ratio.

Frequently Asked Questions about Christel House Academy Inc

Is Christel House Academy Inc a good charity?

Based on its financial data, Christel House Academy Inc appears to be a very good charity. It demonstrates strong program spending (85%), significant financial growth, and exceptional transparency regarding executive compensation (0%).

How has Christel House Academy Inc's revenue grown over time?

Christel House Academy Inc has experienced substantial revenue growth, increasing from $7,796,436 in 2014 to $28,804,889 in 2023, indicating a significant expansion of its operations.

What is Christel House Academy Inc's asset-to-liability ratio?

In 2023, Christel House Academy Inc had assets of $30,071,036 and liabilities of $12,649,824, resulting in an asset-to-liability ratio of approximately 2.38:1, indicating a healthy financial position.

Filing History

IRS 990 filing history for Christel House Academy Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Christel House Academy Inc's revenue has grown by 389.2%, moving from $5.9M to $28.8M. Total assets increased by 856% over the same period, from $3.1M to $30.1M. Total functional expenses rose by 331.4%, from $6.4M to $27.6M. In its most recent filing year (2023), Christel House Academy Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $12.6M in liabilities against $30.1M in assets (debt-to-asset ratio: 42.1%), resulting in net assets of $17.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$28.8M	$27.6M	$30.1M	$12.6M	—	View 990
2022	$33.5M	$26.9M	$18.8M	$2.6M	—	View 990
2021	$29.1M	$23.1M	$13.8M	$4.1M	—	View 990
2020	$19.2M	$19.0M	$7.9M	$4.2M	—	View 990
2019	$17.7M	$17.1M	$5.5M	$2.0M	—	View 990
2018	$16.2M	$15.6M	$4.3M	$1.4M	—	View 990
2017	$14.7M	$14.3M	$4.0M	$1.8M	—	View 990
2016	$13.5M	$13.0M	$3.2M	$1.2M	—	View 990
2015	$12.8M	$12.6M	$3.0M	$1.6M	—	View 990
2014	$7.8M	$7.4M	$1.5M	$845K	—	View 990
2013	$5.1M	$6.9M	$1.1M	$794K	—	View 990
2012	$6.6M	$6.8M	$3.4M	$1.3M	—	View 990
2011	$5.9M	$6.4M	$3.1M	$1.0M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $28.8M, expenses of $27.6M, and assets of $30.1M (revenue -14.0% year-over-year).
2022: Revenue of $33.5M, expenses of $26.9M, and assets of $18.8M (revenue +15.2% year-over-year).
2021: Revenue of $29.1M, expenses of $23.1M, and assets of $13.8M (revenue +51.2% year-over-year).
2020: Revenue of $19.2M, expenses of $19.0M, and assets of $7.9M (revenue +8.6% year-over-year).
2019: Revenue of $17.7M, expenses of $17.1M, and assets of $5.5M (revenue +9.4% year-over-year).
2018: Revenue of $16.2M, expenses of $15.6M, and assets of $4.3M (revenue +10.1% year-over-year).
2017: Revenue of $14.7M, expenses of $14.3M, and assets of $4.0M (revenue +9.0% year-over-year).
2016: Revenue of $13.5M, expenses of $13.0M, and assets of $3.2M (revenue +5.5% year-over-year).
2015: Revenue of $12.8M, expenses of $12.6M, and assets of $3.0M (revenue +63.9% year-over-year).
2014: Revenue of $7.8M, expenses of $7.4M, and assets of $1.5M (revenue +54.2% year-over-year).
2013: Revenue of $5.1M, expenses of $6.9M, and assets of $1.1M (revenue -23.3% year-over-year).
2012: Revenue of $6.6M, expenses of $6.8M, and assets of $3.4M (revenue +12.0% year-over-year).
2011: Revenue of $5.9M, expenses of $6.4M, and assets of $3.1M.

Data Sources and Methodology

This transparency report for Christel House Academy Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.