Sulamita Christian Academy
Analysis
Sulamita Christian Academy is a registered charity in United States, based in Fairview, OR. It received its IRS tax-exemption ruling in August 2022, 4 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 2024, Sulamita Christian Academy reported income of $766k and spending of $771k, spending 101% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $655k to $766k (+17%), an average of +17% a year. The sharpest change came in the year to July 2024, when income rose by 17%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sulamita Christian Academy sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Scranton Road Ministries Community Development Corporation ($766k), CS Academy ($766k) and Turtles Nest Elc Inc ($765k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 3.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $530k (69% of expenses). It paid $1,600 in professional fundraising fees. At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.5%
- Program services 94%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Scranton Road Ministries Community Development Corporation | Cleveland | $766k |
| CS Academy | Chicago | $766k |
| Turtles Nest Elc Inc | Jacksonville | $765k |
| Unit Scholarship Fund Inc | Fort Bragg | $766k |