Academy Inc Flint River

Analysis

Academy Inc Flint River is a registered charity in United States, based in Woodbury, GA. It received its IRS tax-exemption ruling in August 1967, 59 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 2024, Academy Inc Flint River reported income of $2.9m and spending of $2.9m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $2.9m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Academy Inc Flint River 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 Catholic Neighborhood Outreach Incorporated ($2.9m), Academy at Ocean Reef Inc ($2.9m) and Georgia Southwestern Foundation Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.5% and program service revenue 88% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $2.7m against liabilities of $694k, net assets of $2.0m. It reported 72 employees.