West Nottingham Academy

Analysis

West Nottingham Academy is a registered charity in United States, based in Colora, MD. It received its IRS tax-exemption ruling in August 1935, 91 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, West Nottingham Academy reported income of $2.3m and spending of $4.6m, spending 198% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $5.9m to $2.3m (-60%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 49%. Over the whole period it spent 153% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Nottingham Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Ambleside School ($2.3m), Carpe Diem Collegiate High School ($2.3m) and Student National Medical Association Inc ($2.3m).

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. Other salaries and wages came to $2.2m. At year end it held assets of $5.5m against liabilities of $9.6m, net assets of -$4.1m. It reported 42 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.