Thomas Jefferson Academy Inc

Analysis

Thomas Jefferson Academy Inc is a registered charity in United States, based in Louisville, GA. It received its IRS tax-exemption ruling in December 1973, 53 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, Thomas Jefferson Academy Inc reported income of $2.0m and spending of $2.0m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.0m (+24%), an average of +7.5% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thomas Jefferson Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include King County Dispute Resolution Center ($2.0m), Young Voices ($2.0m) and Lutheran Assoc of Missionaries and Pilots U S Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 90% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.6m against liabilities of $504k, net assets of $1.1m. It reported 58 employees.