Cannon Beach Academy

Analysis

Cannon Beach Academy is a registered charity in United States, based in Cannon Beach, OR. It received its IRS tax-exemption ruling in August 2014, 12 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, Cannon Beach Academy reported income of $562k and spending of $591k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $450k to $562k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cannon Beach Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include Discovery Preschool & Childcare Inc ($562k), Mountain Pathways School Inc ($563k) and Peggy Browning Fund ($562k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $313k. At year end it held assets of $310k against liabilities of $4,965, net assets of $305k. It reported 9 employees.