Academy at Charlemont

Analysis

Academy at Charlemont is a registered charity in United States, based in Charlemont, MA. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Academy at Charlemont reported income of $3.2m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.2m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy at Charlemont sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Burlingame Community for Education Foundation ($3.2m), St Johns Christian Academy ($3.2m) and Crestwell Higher Learning School Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. At year end it held assets of $2.9m against liabilities of $1.2m, net assets of $1.7m. It reported 50 employees.