Jefferson Davis Academy Inc

Analysis

Jefferson Davis Academy Inc is a registered charity in United States, based in Blackville, SC. It received its IRS tax-exemption ruling in August 1976, 50 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 May 2023, Jefferson Davis Academy Inc reported income of $1.4m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $931k to $1.4m (+53%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jefferson Davis Academy Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Grace Classical Academy ($1.4m), New York City Urban Debate League Inc ($1.4m) and Rowan County Crosby Scholars Community Partnership ($1.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Other salaries and wages came to $656k. At year end it held assets of $577k against liabilities of $155k, net assets of $422k. It reported 54 employees.