Children of Light Academy Inc

Analysis

Children of Light Academy Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Children of Light Academy Inc reported income of $903k and spending of $932k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $997k to $903k (-9.5%), an average of -2.5% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children of Light Academy Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Cfa Institute Research Foundation ($902k), Lyceum Foundation ($903k) and Piedmont Technical College Foundation Inc ($902k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $547k. At year end it held assets of $374k against liabilities of $0, net assets of $374k. It reported 31 employees.