St Benedict Classical Academy Inc

Analysis

St Benedict Classical Academy Inc is a registered charity in United States, based in Natick, MA. It received its IRS tax-exemption ruling in June 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, St Benedict Classical Academy Inc reported income of $3.4m and spending of $2.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.9m to $3.4m (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2021, when income rose by 409%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Benedict Classical Academy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Dominion Christian Schools Inc ($3.4m), Capo Beach Christian School ($3.4m) and Okaloosa Academy Incorporated ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 56% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $11.7m against liabilities of $895k, net assets of $10.8m. It reported 37 employees.