Southland Academy Inc

Analysis

Southland Academy Inc is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in January 1972, 54 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 July 2024, Southland Academy Inc reported income of $4.6m and spending of $5.5m, spending 118% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $4.2m to $4.6m (+11%), an average of +2.1% a year. The sharpest change came in the year to July 2021, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southland Academy Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include The Oak Hill Academy ($4.6m), New American Leaders Inc ($4.6m) and Alliance for Innovative Regulation Institute ($4.6m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $8.5m against liabilities of $969k, net assets of $7.5m. It reported 118 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.