Wittenberg Academy Inc

Analysis

Wittenberg Academy Inc is a registered charity in United States, based in Chatfield, MN. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Wittenberg Academy Inc reported income of $511k and spending of $513k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $205k to $511k (+149%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wittenberg Academy Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include 100 Black Men of Omaha Inc ($511k), Colorado Association of School Business Officials ($512k) and William K Gibson Bradley University Supporting Trust ($511k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Other salaries and wages came to $440k. At year end it held assets of $123k against liabilities of $25k, net assets of $98k.