Najam Academy Inc
Analysis
Najam Academy Inc is a registered charity in United States, based in Lilburn, GA. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Najam Academy Inc reported income of $926k and spending of $872k, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $353k to $926k (+162%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 176%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Najam Academy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Student Free Press Association ($926k), Southwestern Michigan College Foundation ($927k) and Knowledge Works Learning Academy Kai Wadiya Learning Academy ($926k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $702k. At year end it held assets of $55k against liabilities of $592, net assets of $55k. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Program services 23%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Student Free Press Association | Hillsdale | $926k |
| Southwestern Michigan College Foundation | Dowagiac | $927k |
| Knowledge Works Learning Academy Kai Wadiya Learning Academy | Phenix City | $926k |
| Golden Dome Scholarship Fund | Valdosta | $927k |