Logos Academy

Analysis

Logos Academy is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Logos Academy reported income of $3.7m and spending of $4.5m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.6m to $3.7m (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Logos Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Lazarex Cancer Foundation ($3.7m), Az Compass Schools Inc ($3.7m) and Austin Peace Academy ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $394k (8.7% of expenses). Other salaries and wages came to $2.0m. It paid $70k in professional fundraising fees. At year end it held assets of $23.4m against liabilities of $13.0m, net assets of $10.4m. It reported 62 employees.