Ryan Academy of Norfolk Inc

Analysis

Ryan Academy of Norfolk Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in January 2013, 13 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, Ryan Academy of Norfolk Inc reported income of $347k and spending of $335k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $311k to $347k (+11%), an average of +3.7% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ryan Academy of Norfolk Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Facts About Cuban Exiles - F a C E ($347k), Gods Foundation Christian School Inc ($347k) and Bell County Fire Chiefs Association Inc ($347k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $226k. At year end it held assets of $39k against liabilities of $0, net assets of $39k. It reported 11 employees.