Regents Academy of Nacogdoches Inc

Analysis

Regents Academy of Nacogdoches Inc is a registered charity in United States, based in Nacogdoches, TX. It received its IRS tax-exemption ruling in September 2006, 20 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 December 2023, Regents Academy of Nacogdoches Inc reported income of $2.3m and spending of $1.5m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $942k to $2.3m (+149%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Regents Academy of Nacogdoches Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Cambridge School Inc ($2.3m), Western Carolina University Research & Development Corporation ($2.3m) and Yes I Can Unity Through Music and Education Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 49% of the total. Other salaries and wages came to $945k. At year end it held assets of $3.0m against liabilities of $362k, net assets of $2.6m. It reported 45 employees.