Triad Math and Science Academy Company

Analysis

Triad Math and Science Academy Company is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in January 2009, 17 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, Triad Math and Science Academy Company reported income of $46.7m and spending of $48.3m, spending 103% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $20.7m to $46.7m (+126%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Triad Math and Science Academy Company sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Maryland School for the Blind ($46.6m), Anderson Center for Autism ($46.7m) and Union Theological Seminary ($46.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.6% of the total. Other salaries and wages came to $23.6m. At year end it held assets of $18.0m against liabilities of $131k, net assets of $17.8m. It reported 524 employees.