Seeds of Faith Christian Academy

Analysis

Seeds of Faith Christian Academy is a registered charity in United States, based in Creekside, PA. It received its IRS tax-exemption ruling in July 2007, 19 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 2024, Seeds of Faith Christian Academy reported income of $497k and spending of $587k, spending 118% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $731k to $497k (-32%), an average of -9.2% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seeds of Faith Christian Academy sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Dayton Metro Library Foundation ($497k), Sigma Beta Delta Inc ($497k) and New Orleans Education League of the Construction Industry ($497k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 65% of the total. Other salaries and wages came to $399k. At year end it held assets of $417k against liabilities of $94k, net assets of $323k. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.