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Stratford Academy Inc

RegisteredEIN 58-0831002Macon, GAEducation and training
Income$15.4m2024-05
Spending$15.7msame year
Spent / received93%6-year average
Size in its cause95th pctEducation and training
Exempt since1963School
Employees235latest return

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

$0$4.0m$8.0m$12.0m$16.0m2019 Income: $12,120,9462019 Spending: $12,857,15020192020 Income: $12,973,5782020 Spending: $11,676,76820202021 Income: $15,966,0382021 Spending: $12,367,45120212022 Income: $15,089,9892022 Spending: $13,056,29820222023 Income: $13,805,5472023 Spending: $13,740,29320232024 Income: $15,356,4092024 Spending: $15,670,2782024
IncomeSpending

Where the income comes from

  • Contributions & grants 15%
  • Program services 82%
  • Other 2.2%

Similar-sized charities, same cause

CharityLocationIncome
Saint Johns SchoolSan Juan$15.4m
Milwaukee Area Technical College Foundation IncMilwaukee$15.4m
Montclair State University Foundation IncMontclair$15.3m
Texas Institute of Graduate Medical Education and ResearchSan Antonio$15.4m