Lighthouse Christian Academy Inc

Analysis

Lighthouse Christian Academy Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in May 1997, 29 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, Lighthouse Christian Academy Inc reported income of $2.7m and spending of $2.4m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $2.7m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2024, when income rose by 20%. 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 Academy Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include PTA Texas Congress ($2.7m), Torrey Pines High School Foundation Inc ($2.7m) and Inclusion Services Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 81% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $3.6m against liabilities of $75k, net assets of $3.5m. It reported 73 employees.