South Bay Faith Academy Inc

Analysis

South Bay Faith Academy Inc is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in November 1993, 33 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 June 2023, South Bay Faith Academy Inc reported income of $123k and spending of $132k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $125k to $123k (-1.0%), an average of -1.0% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Bay Faith Academy Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include South Nevada Golf Course Superintendent Assoc ($123k), Martinsburg High School Band Boosters Inc ($123k) and Literacy Council of Grand Island Inc ($123k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 93% of the total. At year end it held assets of $22k against liabilities of $9,570, net assets of $12k.