Wilson Academy Incorporated
Analysis
Wilson Academy Incorporated is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in September 2009, 17 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 July 2023, Wilson Academy Incorporated reported income of $1.4m and spending of $1.1m, leaving 25% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $522k to $1.4m (+176%), an average of +29% a year. The sharpest change came in the year to July 2022, when income rose by 507%. Over the whole period it spent 60% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Wilson Academy Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include North Valley Music School ($1.4m), Center for Active Design Inc ($1.4m) and Connection School of Houston ($1.4m).
On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $48k (4.5% of expenses). Other salaries and wages came to $243k. At year end it held assets of $166k against liabilities of $1.2m, net assets of -$1.1m. It reported 12 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Valley Music School | Whitefish | $1.4m |
| Center for Active Design Inc | Brooklyn | $1.4m |
| Connection School of Houston | Cypress | $1.4m |
| Read to Grow Inc | Branford | $1.4m |