Marjorie Williams Academy

Analysis

Marjorie Williams Academy is a registered charity in United States, based in Crossnore, NC. It received its IRS tax-exemption ruling in December 1999, 27 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, Marjorie Williams Academy reported income of $1.9m and spending of $2.3m, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.9m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marjorie Williams Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Crown Leadership Academy ($1.9m), Mesivta Keren Orah ($1.9m) and Byrneville Elementary School Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $997k against liabilities of $603k, net assets of $395k. It reported 37 employees.