Sonrise Christian Schools of Southern California Inc

Analysis

Sonrise Christian Schools of Southern California Inc is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in March 1970, 56 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, Sonrise Christian Schools of Southern California Inc reported income of $5.3m and spending of $4.7m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.3m (+66%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonrise Christian Schools of Southern California Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include A Step Up Academy Inc ($5.3m), Southeast South-Central Educational Cooperative ($5.3m) and University of South Carolina Alumni Association ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $200k (4.3% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.4m against liabilities of $410k, net assets of $4.0m. It reported 113 employees.