Dayspring Christian Academy Inc

Analysis

Dayspring Christian Academy Inc is a registered charity in United States, based in Marianna, FL. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 July 2024, Dayspring Christian Academy Inc reported income of $2.0m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $954k to $2.0m (+111%), an average of +20% a year. The sharpest change came in the year to July 2024, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dayspring Christian Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Greater Richmond Inter-Faith Program ($2.0m), Hill & Dale Family Learning Center ($2.0m) and Texas Rangers Association Foundation ($2.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $976k, net assets of $777k. It reported 76 employees.