Shawn Ragin Dba Ragin Preparatory Christian Academy

Analysis

Shawn Ragin Dba Ragin Preparatory Christian Academy is a registered charity in United States, based in Sumter, SC. It received its IRS tax-exemption ruling in January 2017, 9 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, Shawn Ragin Dba Ragin Preparatory Christian Academy reported income of $805k and spending of $1.1m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $805k (+153%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 1003%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shawn Ragin Dba Ragin Preparatory Christian Academy sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Navigator Schools Support Corporation ($805k), Jenks Public Schools Foundation Inc ($805k) and Good Jobs Institute ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $676k. At year end it held assets of $187k against liabilities of $0, net assets of $187k. It reported 67 employees.