Sonlight Christian Academy

Analysis

Sonlight Christian Academy is a registered charity in United States, based in Orange Park, FL. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Sonlight Christian Academy reported income of $215k and spending of $223k, spending 103% of its income. Across the 2 years on record, from June 2019 to June 2020, income grew from $130k to $215k (+65%), an average of +65% a year. The sharpest change came in the year to June 2020, when income rose by 65%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonlight Christian Academy sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Trinity Education Foundation ($215k), Core Skills Institute ($215k) and Upsilon Pi Epsilon the National Computer Science Honor Society ($215k).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $48k (22% of expenses). At year end it held assets of -$7,195 against liabilities of -$7,195, net assets of $0.