Coda Mountain Academy Inc

Analysis

Coda Mountain Academy Inc is a registered charity in United States, based in Fayetteville, WV. It received its IRS tax-exemption ruling in August 2015, 11 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, Coda Mountain Academy Inc reported income of $518k and spending of $520k, spending 100% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $224k to $518k (+131%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 121%. 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, Coda Mountain Academy Inc 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 71st percentile, and in the 69th percentile within WV. Charities of a similar size with the same main cause include Brethren Heritage School ($517k), Albany Medical College Alumni Association Inc ($518k) and Kashmir Education Initiative Kei ($517k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $48k (9.2% of expenses). Other salaries and wages came to $264k. At year end it held assets of $456k against liabilities of $71k, net assets of $384k. It reported 51 employees.