The Alfred and Adele Davis Academy Inc

Analysis

The Alfred and Adele Davis Academy Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in September 1992, 34 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 June 2023, The Alfred and Adele Davis Academy Inc reported income of $18.1m and spending of $15.4m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.8m to $18.1m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Alfred and Adele Davis Academy Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Luzerne County Head Start Inc ($18.1m), Faith Christian School Inc ($18.2m) and STEM Preparatory Academy ($18.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $660k (4.3% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $68.0m against liabilities of $11.0m, net assets of $57.0m. It reported 143 employees.