Seacoast Charter Academy Inc

Analysis

Seacoast Charter Academy Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Seacoast Charter Academy Inc reported income of $5.6m and spending of $5.4m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.6m to $5.6m (+55%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seacoast Charter Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Jewel Human Services Inc ($5.6m), Team Gleason Foundation ($5.6m) and Peninsula Agency on Aging Inc ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $2.6m against liabilities of $286k, net assets of $2.3m. It reported 73 employees.