St George Academy

Analysis

St George Academy is a registered charity in United States, based in Washington, UT. It received its IRS tax-exemption ruling in November 2016, 10 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 George Academy reported income of $2.8m and spending of $2.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.8m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 60%. 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, St George Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Smart Start of Brunswick County Inc ($2.8m), California Southern Small Business Development Corporation ($2.8m) and Career Pathways ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $87k (3.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.3m against liabilities of $9.5m, net assets of -$1.2m. It reported 40 employees.