Montgomery Academy Foundation

Analysis

Montgomery Academy Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Montgomery Academy Foundation reported income of $131k and spending of $11k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $116k to $131k (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery Academy Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include Connecticut Association for Behavior Analysis Inc ($131k), Centennial Area Education Foundation Inc ($131k) and Blue and White Scholastic Foundation Inc ($131k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $5.7m against liabilities of $0, net assets of $5.7m.