Logos Academy

Analysis

Logos Academy is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in July 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 December 2023, Logos Academy reported income of $650k and spending of $629k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $650k (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Logos Academy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Center for Mindful Learning Inc ($650k), Compass Academy ($651k) and The Midwife Foundation Inc ($650k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $4,165 (0.7% of expenses). Other salaries and wages came to $473k. At year end it held assets of $347k against liabilities of $0, net assets of $347k. It reported 38 employees.