Bergman Academy

Analysis

Bergman Academy is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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, Bergman Academy reported income of $4.1m and spending of $4.9m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $4.1m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bergman Academy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include International Registration Plan Inc ($4.1m), Stress and Trauma Treatment Center Inc ($4.1m) and Aveyron Homes Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $250k (5.1% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.8m against liabilities of $3.9m, net assets of $1.9m. It reported 88 employees.