Sonshine Christian Academy

Analysis

Sonshine Christian Academy is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2018, 8 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, Sonshine Christian Academy reported income of $2.4m and spending of $2.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $963k to $2.4m (+146%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonshine Christian Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Joshua Group ($2.4m), Kaskaskia College Foundation ($2.4m) and Columbus Christian Academy Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $54k (2.5% of expenses). Other salaries and wages came to $874k. At year end it held assets of $348k against liabilities of $148k, net assets of $200k. It reported 41 employees.