George Jackson Academy

Analysis

George Jackson Academy is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2004, 22 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 August 2023, George Jackson Academy reported income of $4.5m and spending of $5.0m, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $5.3m to $4.5m (-14%), an average of -3.8% a year. The sharpest change came in the year to August 2020, when income rose by 17%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, George Jackson Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Advent Episcopal Day School Inc ($4.5m), Skyuka Hall ($4.5m) and Tekoa Charter School Inc ($4.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $328k (6.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.7m against liabilities of $2.3m, net assets of $6.3m. It reported 26 employees.