St John Bosco Academy Inc
Analysis
St John Bosco Academy Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in December 2024, 2 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, St John Bosco Academy Inc reported income of $2.6m and spending of $1.9m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.6m (+86%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 71% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, St John Bosco Academy Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Catskills Hatzalah Inc ($2.6m), Cornerstone School ($2.6m) and Circle Inc ($2.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 92% of the total. Other salaries and wages came to $969k. At year end it held assets of $7.8m against liabilities of $3.5m, net assets of $4.3m. It reported 52 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.2%
- Program services 92%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Catskills Hatzalah Inc | Brooklyn | $2.6m |
| Cornerstone School | Stratham | $2.6m |
| Circle Inc | Darnestown | $2.6m |
| Arkansas State University Real Estate Foundation Inc | State Univ | $2.6m |