Dillard Academy Inc

Analysis

Dillard Academy Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in February 2000, 26 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, Dillard Academy Inc reported income of $3.4m and spending of $3.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.4m (+5.2%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dillard Academy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include El Sewedy International Academy ($3.4m), Cooper Christian Academy ($3.4m) and Beverly Hills Academy ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $200k (6.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.3m against liabilities of $16k, net assets of $2.3m. It reported 69 employees.