Westbridge Academy Inc

Analysis

Westbridge Academy Inc is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in September 1973, 53 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, Westbridge Academy Inc reported income of $5.3m and spending of $5.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $5.3m (-7.8%), an average of -2.0% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westbridge Academy Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include New Heights Christian Academy ($5.3m), Animas High School ($5.3m) and Florida High School for Accelerated Learning-Greater Miami Campus ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $345k (6.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $2.4m against liabilities of $1.4m, net assets of $936k. It reported 48 employees.