Saint Dominics Academy

Analysis

Saint Dominics Academy is a registered charity in United States, based in Honesdale, PA. It received its IRS tax-exemption ruling in March 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 December 2023, Saint Dominics Academy reported income of $500k and spending of $448k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $355k to $500k (+41%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Dominics Academy 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 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Sunnah Academy ($500k), Great Days Early Education Center ($500k) and Denver Asset Building Coalition ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $295k (66% of expenses). At year end it held assets of $226k against liabilities of $96k, net assets of $130k. It reported 5 employees.