Dominion Life Christian Academy Inc

Analysis

Dominion Life Christian Academy Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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, Dominion Life Christian Academy Inc reported income of $1.1m and spending of $768k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $269k to $1.1m (+299%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dominion Life Christian Academy Inc sits at the 78th percentile: it is larger than about 78% 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 Boy Scouts of America ($1.1m), Families of Children Under Stress Inc ($1.1m) and JFH Management Company Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $159k (21% of expenses). Other salaries and wages came to $278k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 23 employees.