Dayspring Christian Academy

Analysis

Dayspring Christian Academy is a registered charity in United States, based in Mountville, PA. It received its IRS tax-exemption ruling in June 2002, 24 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, Dayspring Christian Academy reported income of $5.5m and spending of $4.9m, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $5.5m (+74%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dayspring Christian Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Seven Oaks Classical School ($5.5m), Regents School of Oxford Inc ($5.5m) and Vision Preparatory Charter School Inc ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $205k (4.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $9.9m against liabilities of $674k, net assets of $9.2m. It reported 92 employees.