Stratford Academy Inc
Analysis
Stratford Academy Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in September 1963, 63 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 2024, Stratford Academy Inc reported income of $15.4m and spending of $15.7m, spending 102% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $12.1m to $15.4m (+27%), an average of +4.8% a year. The sharpest change came in the year to May 2021, when income rose by 23%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Stratford Academy Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Saint Johns School ($15.4m), Milwaukee Area Technical College Foundation Inc ($15.4m) and Montclair State University Foundation Inc ($15.3m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 15% and program service revenue 82% of the total. Other salaries and wages came to $8.5m. At year end it held assets of $32.1m against liabilities of $4.4m, net assets of $27.6m. It reported 235 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 82%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Saint Johns School | San Juan | $15.4m |
| Milwaukee Area Technical College Foundation Inc | Milwaukee | $15.4m |
| Montclair State University Foundation Inc | Montclair | $15.3m |
| Texas Institute of Graduate Medical Education and Research | San Antonio | $15.4m |