John Adams Academies Inc

Analysis

John Adams Academies Inc is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in February 2011, 15 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, John Adams Academies Inc reported income of $58.9m and spending of $56.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.8m to $58.9m (+183%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John Adams Academies Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Georgian Court University ($58.8m), Grafton School Incorporated ($58.9m) and Camino Nuevo Charter Academy ($58.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $215k (0.4% of expenses). Other salaries and wages came to $28.2m. At year end it held assets of $134.1m against liabilities of $121.4m, net assets of $12.7m. It reported 697 employees.