Burr & Burton Academy

Analysis

Burr & Burton Academy is a registered charity in United States, based in Manchester, VT. It received its IRS tax-exemption ruling in May 1974, 52 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, Burr & Burton Academy reported income of $21.1m and spending of $23.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.3m to $21.1m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Burr & Burton Academy sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VT. Charities of a similar size with the same main cause include Graceland College Center for Prof Dev & Lifelong Learning Inc ($21.1m), Aeci II NYC Charter High School for Computer Engineering and Innovat ($21.1m) and Trocaire College ($21.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $523k (2.3% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $70.9m against liabilities of $5.6m, net assets of $65.3m. It reported 298 employees.