Tiftarea Academy Inc

Analysis

Tiftarea Academy Inc is a registered charity in United States, based in Chula, GA. It received its IRS tax-exemption ruling in August 1975, 51 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 August 2023, Tiftarea Academy Inc reported income of $7.1m and spending of $5.8m, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.8m to $7.1m (+50%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tiftarea Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Vertus Charter School ($7.1m), Gateway Charter Academy ($7.1m) and Arizona Private Education Scholarship Fund Inc ($7.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Other salaries and wages came to $3.1m. It paid $50k in professional fundraising fees. At year end it held assets of $11.6m against liabilities of $4.3m, net assets of $7.3m. It reported 109 employees.