Lighthouse Private Christianacademy Inc

Analysis

Lighthouse Private Christianacademy Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lighthouse Private Christianacademy Inc reported income of $4.6m and spending of $3.9m, spending 86% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $2.6m to $4.6m (+79%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 132%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lighthouse Private Christianacademy Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Montessori Del Mundo ($4.6m), California Association of Directors of Activities ($4.6m) and Garden Academy ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $195k (5.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.2m against liabilities of $728k, net assets of $4.5m. It reported 107 employees.