Saints Peter and Paul Academy

Analysis

Saints Peter and Paul Academy is a registered charity in United States, based in Reading, OH. It received its IRS tax-exemption ruling in September 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 2024, Saints Peter and Paul Academy reported income of $875k and spending of $755k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $737k to $875k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saints Peter and Paul Academy sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Magnolia Heritage Academy ($874k), Academy for Exceptional Learners ($875k) and KCM Kidz ($874k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $70k (9.3% of expenses). Other salaries and wages came to $480k. At year end it held assets of $861k against liabilities of $34k, net assets of $827k. It reported 20 employees.