Williamsburg Academy

Analysis

Williamsburg Academy is a registered charity in United States, based in Kingstree, SC. It received its IRS tax-exemption ruling in November 1992, 34 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, Williamsburg Academy reported income of $2.6m and spending of $2.5m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.1m to $2.6m (+25%), an average of +5.6% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Williamsburg Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include The Link and Option Center Inc ($2.6m), Trustees of the Forbes Library ($2.6m) and Cambridge Center for Adult Education Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 96% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $2.8m against liabilities of $266k, net assets of $2.6m. It reported 79 employees.