Suncoast Christian Academy Inc

Analysis

Suncoast Christian Academy Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in June 2005, 21 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 July 2023, Suncoast Christian Academy Inc reported income of $1.1m and spending of $957k, spending 90% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $911k to $1.1m (+16%), an average of +5.1% a year. The sharpest change came in the year to July 2022, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Suncoast Christian Academy Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Plato Academy Incorporated ($1.1m), Luther House of Study ($1.1m) and Quest Science Club ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $86k (9.0% of expenses). Other salaries and wages came to $578k. At year end it held assets of $199k against liabilities of $3,348, net assets of $196k. It reported 28 employees.