Hartfield Academy Inc

Analysis

Hartfield Academy Inc is a registered charity in United States, based in Flowood, MS. It received its IRS tax-exemption ruling in June 2012, 14 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 2024, Hartfield Academy Inc reported income of $13.9m and spending of $11.7m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $8.4m to $13.9m (+66%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hartfield Academy Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MS. Charities of a similar size with the same main cause include Central Behavioral Health ($13.9m), Inly School Inc ($13.9m) and Givenkind ($13.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 86% of the total. Other salaries and wages came to $6.6m. At year end it held assets of $31.1m against liabilities of $16.6m, net assets of $14.5m. It reported 252 employees.