Global Village Academy Inc

Analysis

Global Village Academy Inc is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in May 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, Global Village Academy Inc reported income of $3.0m and spending of $2.5m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $3.0m (+80%), an average of +16% a year. The sharpest change came in the year to June 2020, when income dropped by 100%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Village Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Acacia Fraternity Foundation Inc ($3.0m), Maple Street School ($3.0m) and Our Kids Place Country Day Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $1.4m (58% of expenses). At year end it held assets of $2.2m against liabilities of $56k, net assets of $2.2m. It reported 49 employees.