Georgia Cyber Academy

Analysis

Georgia Cyber Academy is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Georgia Cyber Academy reported income of $121.3m and spending of $133.2m, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $88.6m to $121.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Cyber Academy sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Texas a & M University 12th Man Foundation ($121.0m), North Carolina Partnership for Children Inc ($121.7m) and St Ambrose University ($120.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $88.8m against liabilities of $129.5m, net assets of -$40.8m. It reported 1,022 employees.