Windsor Bergen Academy Inc
Analysis
Windsor Bergen Academy Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in July 1993, 33 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, Windsor Bergen Academy Inc reported income of $6.2m and spending of $6.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.2m (+7.1%), an average of +1.7% a year. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Windsor Bergen Academy Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Los Angeles Academy of Arts and Enterprise ($6.2m), Coca-Cola Scholars Foundation Inc ($6.2m) and Central Florida Preparatory School Inc ($6.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $176k (2.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $4.4m against liabilities of $3.5m, net assets of $840k. It reported 96 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.0%
- Program services 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Los Angeles Academy of Arts and Enterprise | Los Angeles | $6.2m |
| Coca-Cola Scholars Foundation Inc | Atlanta | $6.2m |
| Central Florida Preparatory School Inc | Apopka | $6.2m |
| Imagine Educational Foundation | San Antonio | $6.2m |