Lighthouse Christian Homeschool Academy Inc
Analysis
Lighthouse Christian Homeschool Academy Inc is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2023, Lighthouse Christian Homeschool Academy Inc reported income of $138k and spending of $131k, spending 95% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $103k to $138k (+33%), an average of +34% a year. The sharpest change came in the year to May 2023, when income rose by 33%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lighthouse Christian Homeschool Academy Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Stone Ranch Elementary School Foundation ($138k), Friends of the Daily Texan Inc ($138k) and McFarland Community Food Pantry Inc ($138k).
On its Form 990-EZ for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stone Ranch Elementary School Foundation | San Diego | $138k |
| Friends of the Daily Texan Inc | Austin | $138k |
| McFarland Community Food Pantry Inc | McFarland | $138k |
| Uniting Resilience | Rapid City | $138k |