Edgarton Academy Inc

Analysis

Edgarton Academy Inc is a registered charity in United States, based in Newfield, NJ. It received its IRS tax-exemption ruling in July 2013, 13 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, Edgarton Academy Inc reported income of $2.8m and spending of $2.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.8m (+37%), an average of +8.2% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edgarton Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Alamo Heights School Foundation ($2.8m), Grand Lake Montessori ($2.8m) and Collin County Community College District Foundation ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 88% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $2.3m against liabilities of $267k, net assets of $2.1m. It reported 102 employees.