David Emanuel Academy Inc

Analysis

David Emanuel Academy Inc is a registered charity in United States, based in Stillmore, GA. It received its IRS tax-exemption ruling in November 1971, 55 years ago. 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 2023, David Emanuel Academy Inc reported income of $2.8m and spending of $1.9m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.8m (+85%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, David Emanuel Academy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Clayton Medical Research Foundation Inc ($2.8m), The Center for Empowerment and Education Inc ($2.8m) and Western Fire Cheifs Assn ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $99k (5.3% of expenses). Other salaries and wages came to $890k. At year end it held assets of $4.6m against liabilities of $2.1m, net assets of $2.4m. It reported 53 employees.