Incarnate Word Academy

Analysis

Incarnate Word Academy is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 1995, 31 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, Incarnate Word Academy reported income of $6.7m and spending of $6.3m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.9m to $6.7m (+15%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Incarnate Word 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 93rd percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Lang School ($6.7m), Illinois Association of Free and Charitable Clinics ($6.7m) and Oregon Social Learning Center Inc ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $250k (4.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $11.4m against liabilities of $483k, net assets of $10.9m. It reported 106 employees.