Ronald Wilson Reagan Academy

Analysis

Ronald Wilson Reagan Academy is a registered charity in United States, based in Springville, UT. It received its IRS tax-exemption ruling in May 2007, 19 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, Ronald Wilson Reagan Academy reported income of $7.7m and spending of $7.4m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.6m to $7.7m (+37%), an average of +8.3% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ronald Wilson Reagan Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include Teaching Matters Inc ($7.7m), Equity in Education Coalition ($7.7m) and Association of Alaska School Board ($7.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $213k (2.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $12.3m against liabilities of $11.5m, net assets of $802k. It reported 141 employees.