Garden Academy

Analysis

Garden Academy is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in January 2005, 21 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, Garden Academy reported income of $4.6m and spending of $4.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.6m (+9.9%), an average of +2.4% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garden Academy sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Thomas Jefferson Independent Day School ($4.6m), Montessori Del Mundo ($4.6m) and Creative City Public Charter School Foundation Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $210k (4.6% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $3.1m against liabilities of $1.3m, net assets of $1.7m. It reported 68 employees.