Fernandina Beach Christian Academy Inc

Analysis

Fernandina Beach Christian Academy Inc is a registered charity in United States, based in Fernandina, FL. It received its IRS tax-exemption ruling in April 2017, 9 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, Fernandina Beach Christian Academy Inc reported income of $1.9m and spending of $1.5m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $778k to $1.9m (+150%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fernandina Beach Christian Academy Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Center for Furniture Craftsmanship ($1.9m), Ascension Academy ($1.9m) and Hyannis Public Library Association ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Other salaries and wages came to $872k. At year end it held assets of $1.1m against liabilities of $50k, net assets of $1.1m. It reported 41 employees.