Renaissance Classical Academy

Analysis

Renaissance Classical Academy is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in October 2008, 18 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 December 2023, Renaissance Classical Academy reported income of $682k and spending of $719k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $535k to $682k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Renaissance Classical Academy sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Saint Joseph School Inc ($682k), Western Institute of Nursing ($682k) and Green Free Library ($682k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $465k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 32 employees.