Elijah House Academy

Analysis

Elijah House Academy is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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, Elijah House Academy reported income of $3.6m and spending of $2.8m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.6m (+76%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 184%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elijah House Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Monocacy Montessori Community Inc ($3.6m), A D E P T Programs Inc ($3.6m) and Council of the Southern Mountains Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 9.9% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $10.4m against liabilities of $160k, net assets of $10.2m. It reported 57 employees.