Naudain Academy Inc

Analysis

Naudain Academy Inc is a registered charity in United States, based in Voorhees, NJ. It received its IRS tax-exemption ruling in April 1980, 46 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, Naudain Academy Inc reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $896k to $1.5m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 144%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Naudain Academy Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Providence Christian Academy ($1.5m), Parent Booster USA Inc ($1.5m) and Clasp Childrens Center Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $147k (9.8% of expenses). Other salaries and wages came to $766k. At year end it held assets of $930k against liabilities of $0, net assets of $930k. It reported 33 employees.