Bonneville Academy

Analysis

Bonneville Academy is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in August 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, Bonneville Academy reported income of $5.2m and spending of $4.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $5.2m (+14%), an average of +3.3% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bonneville Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within UT. Charities of a similar size with the same main cause include Virginia State University Foundation ($5.2m), Liberty Grove Schools Inc ($5.2m) and Franciscan Baton Rouge Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $85k (2.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $11.3m against liabilities of $9.3m, net assets of $2.0m. It reported 135 employees.