St Peters Academy Inc

Analysis

St Peters Academy Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in March 2008, 18 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 Peters Academy Inc reported income of $1.7m and spending of $1.8m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Peters Academy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Qualified Elevator Inspector Training TR ($1.7m), Delta School ($1.7m) and Bald Eagle Wilderness Boys Camp ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 65% of the total. Other salaries and wages came to $990k. At year end it held assets of $1.1m against liabilities of $4,099, net assets of $1.1m. It reported 34 employees.