Adam J Lewis Academy Inc

Analysis

Adam J Lewis Academy Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Adam J Lewis Academy Inc reported income of $6.9m and spending of $6.4m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.5m to $6.9m (+177%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adam J Lewis Academy Inc 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 94th percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include New Saint Andrews College Inc ($6.9m), Wisconsin Independent Christian Schools Inc ($6.9m) and Beacon Charter School Corp ($6.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $163k (2.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $9.5m against liabilities of $1.6m, net assets of $7.9m. It reported 70 employees.