Ameris Academy Inc

Analysis

Ameris Academy Inc is a registered charity in United States, based in W Valley City, UT. It received its IRS tax-exemption ruling in December 2022, 4 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, Ameris Academy Inc reported income of $2.4m and spending of $1.9m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $1.1m to $2.4m (+111%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ameris Academy Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within UT. Charities of a similar size with the same main cause include Salvaggio Academy ($2.4m), Barker Blue Dog ($2.4m) and Colorado Community College System Foundation ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $658k. At year end it held assets of $1.5m against liabilities of $120k, net assets of $1.4m. It reported 49 employees.