Suffolk Christian Academy

Analysis

Suffolk Christian Academy is a registered charity in United States, based in Suffolk, VA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 July 2024, Suffolk Christian Academy reported income of $2.7m and spending of $2.7m, spending 101% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $2.1m to $2.7m (+27%), an average of +4.9% a year. The sharpest change came in the year to July 2024, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suffolk Christian Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Assistance League of San Antonio ($2.7m), Muslim Community and Health ($2.7m) and Fred Jefferson Memorial Home for Boys ($2.7m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $75k (2.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.3m against liabilities of $617k, net assets of $688k. It reported 89 employees.