Christian Academy & Lighthouse Inc
Analysis
Christian Academy & Lighthouse Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Christian Academy & Lighthouse Inc reported income of $52k and spending of $41k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $54k to $52k (-3.2%), an average of -3.2% a year. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Academy & Lighthouse Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Senior Adults for Greater Education Inc ($52k), Rti Educational Foundation ($52k) and Purdy Elementary PTA ($52k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Senior Adults for Greater Education Inc | Newtown | $52k |
| Rti Educational Foundation | Mendota HTS | $52k |
| Purdy Elementary PTA | Gig Harbor | $52k |
| Harbor Hill School Parent Faculty Association | Roslyn | $52k |