Sunshine Charter Academy of Broward Inc

Analysis

Sunshine Charter Academy of Broward Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in June 2015, 11 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, Sunshine Charter Academy of Broward Inc reported income of $5.3m and spending of $4.6m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $5.3m (+93%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 36%. 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, Sunshine Charter Academy of Broward Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Keystone Education Center ($5.3m), Back to Basics Charter School Foundation Inc ($5.3m) and Consortium of Universities of the Washington Metropolitan Area ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 94% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $4.9m against liabilities of $2.0m, net assets of $2.9m. It reported 30 employees.