Harrisburg Academy

Analysis

Harrisburg Academy is a registered charity in United States, based in Wormleysburg, PA. It received its IRS tax-exemption ruling in October 1941, 85 years ago. 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, Harrisburg Academy reported income of $8.1m and spending of $8.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $8.1m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harrisburg Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Moorestown Visiting Nurse Association Inc ($8.1m), Girl Scouts of Northern New Jersey Inc ($8.1m) and Tuba City High School Board Inc ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $306k (3.8% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $3.2m against liabilities of $1.8m, net assets of $1.3m. It reported 169 employees.