Ethos Classical Inc

Analysis

Ethos Classical Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 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 2024, Ethos Classical Inc reported income of $8.9m and spending of $10.0m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $463k to $8.9m (+1827%), an average of +110% a year. The sharpest change came in the year to June 2021, when income rose by 729%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ethos Classical Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Lumin Education ($8.9m), Champion Education Network ($8.9m) and Hollywood Schoolhouse Inc ($8.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 76% of the total. At year end it held assets of $23.4m against liabilities of $23.1m, net assets of $244k. It reported 58 employees.