South Shore Christian Academy

Analysis

South Shore Christian Academy is a registered charity in United States, based in Weymouth, MA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, South Shore Christian Academy reported income of $3.3m and spending of $3.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.3m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Shore Christian Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include United Day School of Laredo Inc ($3.3m), United Black Fund of Greater Cleveland Inc ($3.3m) and North Carolina Medical Society Foundation Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 89% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.6m against liabilities of $1.1m, net assets of $1.5m. It reported 89 employees.