Starkville Academy

Analysis

Starkville Academy is a registered charity in United States, based in Starkville, MS. It received its IRS tax-exemption ruling in March 1999, 27 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, Starkville Academy reported income of $9.7m and spending of $6.6m, leaving 32% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.9m to $9.7m (+97%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Starkville Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within MS. Charities of a similar size with the same main cause include Compass Working Capital Inc ($9.7m), Legal Services of North Florida Inc ($9.7m) and Community Action Agency of Somerville Inc ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $3.9m (60% of expenses). At year end it held assets of $14.5m against liabilities of $4.5m, net assets of $10.0m. It reported 177 employees.