Richland Academy

Analysis

Richland Academy is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in April 1984, 42 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, Richland Academy reported income of $566k and spending of $678k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $367k to $566k (+54%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Richland Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Asia Pacific Language School ($566k), Columbus State Universtiy Athletic Fund Inc ($566k) and Anchored 619 in Allegiance Inc ($566k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $382k. At year end it held assets of $87k against liabilities of $2,077, net assets of $84k. It reported 31 employees.