Buxmont Academy

Analysis

Buxmont Academy is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in June 1994, 32 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, Buxmont Academy reported income of $6.3m and spending of $5.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $6.3m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buxmont Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Small Things Inc ($6.3m), Richland Community College Foundation ($6.3m) and Interfaith Neighbors Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $179k (3.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $13.0m against liabilities of $355k, net assets of $12.6m. It reported 96 employees.