Lighthouse Christian Academy

Analysis

Lighthouse Christian Academy is a registered charity in United States, based in Stevensville, MD. It received its IRS tax-exemption ruling in June 2016, 10 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 2024, Lighthouse Christian Academy reported income of $1.1m and spending of $983k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $587k to $1.1m (+93%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lighthouse Christian Academy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Center for Teaching and Learning ($1.1m), Richmond Public Schools Education Foundation Inc ($1.1m) and Center for Bridging Cultures Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 92% of the total. Other salaries and wages came to $723k. At year end it held assets of $2.1m against liabilities of $1.1m, net assets of $953k. It reported 35 employees.