Peachtree Academy Private School

Analysis

Peachtree Academy Private School is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in January 2008, 18 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, Peachtree Academy Private School reported income of $2.8m and spending of $2.9m, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.8m to $2.8m (-1.5%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peachtree Academy Private School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Young Peoples Project Inc ($2.8m), Geneva Classical Academy Inc ($2.8m) and Cincinnati Achievement Academy ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $22k (0.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.9m against liabilities of $112k, net assets of $1.8m. It reported 78 employees.