SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Harrells Christian Academy
Harrells, NC · Independent school
THE READ · FREE SUMMARY
Harrells Christian Academy looks durable. The school holds 2.1 years of operating cushion, a healthy buffer. Revenue is unusually diversified at 43% tuition-dependent (peer median 87%). Staff compensation runs 60% of expenses, well below the peer median, worth understanding why. Net assets are growing 31.5%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 10.0 / 10, strong.
Harrells Christian Academy runs only 43% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.
Harrells Christian Academy reported $11.1M in revenue against $5.5M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $11.6M — about 2.11x annual operating expense.
Operating margin landed at 50.1%, with 43.2% of revenue coming from tuition. Among same-size peers, that puts Harrells Christian Academy at the p100 on operating margin.
$11.1M
REVENUE FY2023
50.1%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Harrells Christian Academy: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Harrells Christian Academy ranks 1st by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
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