Terrell Academy Inc

Analysis

Terrell Academy Inc is a registered charity in United States, based in Dawson, GA. It received its IRS tax-exemption ruling in September 1970, 56 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 2023, Terrell Academy Inc reported income of $4.1m and spending of $2.8m, leaving 30% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.2m to $4.1m (+88%), an average of +17% a year. The sharpest change came in the year to May 2023, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Terrell 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 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Veritas Christian Academy Inc ($4.1m), National Diversity Council ($4.1m) and Lake Champlain Waldorf School ($4.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $4.4m against liabilities of $8,547, net assets of $4.4m. It reported 77 employees.