St Anns Academy

Analysis

St Anns Academy is a registered charity in United States, based in Hornell, NY. It received its IRS tax-exemption ruling in January 2022, 4 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, St Anns Academy reported income of $472k and spending of $392k, spending 83% of its income. Across the 5 years on record, from June 2018 to June 2023, income grew from $319k to $472k (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Anns Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Creative Education Foundation Inc ($472k), Greenville High Red Raider Sports Booster Club Inc ($472k) and Walled Lake Central High School Music Boosters ($472k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $264k. At year end it held assets of $498k against liabilities of $219k, net assets of $279k. It reported 23 employees.