Sewickley Academy

Analysis

Sewickley Academy is a registered charity in United States, based in Sewickley, PA. It received its IRS tax-exemption ruling in January 1946, 80 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, Sewickley Academy reported income of $23.5m and spending of $22.6m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $20.6m to $23.5m (+14%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sewickley Academy sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Achievement House Charter School ($23.5m), Educause ($23.6m) and Legacy Traditional School-Surprise ($23.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $1.3m (5.9% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $79.1m against liabilities of $4.6m, net assets of $74.4m. It reported 227 employees.