Marburn Academy Inc

Analysis

Marburn Academy Inc is a registered charity in United States, based in New Albany, OH. It received its IRS tax-exemption ruling in January 1982, 44 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, Marburn Academy Inc reported income of $9.2m and spending of $9.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.5m to $9.2m (-2.9%), an average of -0.7% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marburn Academy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Institute for the Study of War Inc ($9.2m), Jacksonville Country Day School ($9.2m) and Arete Scholars Louisiana Inc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $809k (8.3% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $15.1m against liabilities of $8.0m, net assets of $7.1m. It reported 132 employees.