Middle Creek Academy Inc
Analysis
Middle Creek Academy Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in September 2007, 19 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 May 2024, Middle Creek Academy Inc reported income of $1.9m and spending of $1.8m, spending 98% of its income. Across the 6 years on record, from June 2019 to May 2024, income grew from $703k to $1.9m (+165%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 55%. 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, Middle Creek Academy Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within MT. Charities of a similar size with the same main cause include Tnkids Nutrition ($1.9m), Jeca ($1.9m) and International Institute for Sustainable Laboratories ($1.9m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $95k (5.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.4m against liabilities of $1.6m, net assets of $2.8m. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 82%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tnkids Nutrition | Springfield | $1.9m |
| Jeca | Whites Creek | $1.9m |
| International Institute for Sustainable Laboratories | Arlington | $1.9m |
| Ridgewater College Foundation | Willmar | $1.9m |