Troup County College and Career Academy Inc

Analysis

Troup County College and Career Academy Inc is a registered charity in United States, based in Lagrange, GA. It received its IRS tax-exemption ruling in November 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, Troup County College and Career Academy Inc reported income of $106k and spending of $422k, spending 396% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $261k to $106k (-59%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 53%. Over the whole period it spent 156% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Troup County College and Career Academy Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include Quincy Trojan Booster Club ($106k), USA Songshan Shaolin Temple Foundation ($106k) and Lifepoint Inc ($106k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $229k (54% of expenses). At year end it held assets of $1.5m against liabilities of $134k, net assets of $1.4m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.