Burke Mountain Academy Inc

Analysis

Burke Mountain Academy Inc is a registered charity in United States, based in East Burke, VT. It received its IRS tax-exemption ruling in December 1971, 55 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 2022, Burke Mountain Academy Inc reported income of $8.8m and spending of $7.4m, spending 84% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $6.2m to $8.8m (+42%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Burke Mountain Academy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VT. Charities of a similar size with the same main cause include Jersey City Global Charter School ($8.8m), Cowboy Joe Club Inc ($8.8m) and Gillen Brewer School Inc ($8.8m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 15% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $200k (2.7% of expenses). At year end it held assets of $20.3m against liabilities of $2.8m, net assets of $17.5m. It reported 73 employees.