Ron Clark Academy Inc

Analysis

Ron Clark Academy Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 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, Ron Clark Academy Inc reported income of $10.7m and spending of $10.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.6m to $10.7m (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ron Clark Academy Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Laboratory School of Communication and Languages Charter School ($10.7m), Options Charter School-Carmel Inc ($10.7m) and San Tan Montessori School Inc ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $975k (9.3% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $28.2m against liabilities of $3.8m, net assets of $24.3m. It reported 46 employees.