Faith Christian Academy of Plant City Corp

Analysis

Faith Christian Academy of Plant City Corp is a registered charity in United States, based in Plant City, FL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2022, Faith Christian Academy of Plant City Corp reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $669k to $1.3m (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Christian Academy of Plant City Corp sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Or Haddash Institutions Inc ($1.3m), Sword of the Lord Foundation ($1.3m) and Evangelism Resources Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $657k. At year end it held assets of $370k against liabilities of $509k, net assets of -$139k.