Suncoast Career Academy Inc

Analysis

Suncoast Career Academy Inc is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in March 2020, 6 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 March 2024, Suncoast Career Academy Inc reported income of $347k and spending of $406k, spending 117% of what it took in. Across the 3 years on record, from March 2022 to March 2024, income grew from $202k to $347k (+72%), an average of +31% a year. The sharpest change came in the year to March 2023, when income rose by 36%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Suncoast Career Academy Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include GLW Childrens Council Inc ($347k), Cobra Booster Club ($347k) and Dime ($347k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $581k against liabilities of $571k, net assets of $10k.