George Washington Academy

Analysis

George Washington Academy is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in November 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 June 2023, George Washington Academy reported income of $10.2m and spending of $8.5m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $10.2m (+35%), an average of +7.9% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, George Washington Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within UT. Charities of a similar size with the same main cause include South Christian High School ($10.2m), Arkansas State University System Foundation Inc ($10.2m) and Community Educaton Network It Takes a Village Family of Schoo ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $152k (1.8% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $21.2m against liabilities of $13.2m, net assets of $7.9m. It reported 158 employees.