Amana Academy Inc

Analysis

Amana Academy Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in April 2004, 22 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, Amana Academy Inc reported income of $15.8m and spending of $14.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $15.8m (+94%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amana Academy Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Post Oak School ($15.8m), New York School for the Deaf ($15.8m) and Pusch Ridge Christian Academy Inc ($15.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Other salaries and wages came to $6.5m. At year end it held assets of $20.0m against liabilities of $21.1m, net assets of -$1.1m. It reported 186 employees.