Sunshine Academy of Oakland Park Inc

Analysis

Sunshine Academy of Oakland Park Inc is a registered charity in United States, based in Oakland Park, FL. It received its IRS tax-exemption ruling in July 2019, 7 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 June 2023, Sunshine Academy of Oakland Park Inc reported income of $2.7m and spending of $2.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $2.7m (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2020, when income dropped by 47%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunshine Academy of Oakland Park 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 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Bridgeton Public Charter School ($2.7m), North Clackamas Christian School ($2.7m) and New England Jewish Academy ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $885k. At year end it held assets of $1.8m against liabilities of $1.4m, net assets of $423k. It reported 17 employees.