Columbia Academy School

Analysis

Columbia Academy School is a registered charity in United States, based in Columbia, TN. It received its IRS tax-exemption ruling in March 1973, 53 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 2024, Columbia Academy School reported income of $17.0m and spending of $14.0m, spending 82% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $9.9m to $17.0m (+72%), an average of +12% a year. The sharpest change came in the year to May 2021, when income rose by 34%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Columbia Academy School 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 TN. Charities of a similar size with the same main cause include Coram Deo Academy Inc ($17.0m), Achievement First Hartford Academy Inc ($17.0m) and Boyd - Buchanan School ($17.0m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 18% and program service revenue 78% of the total. Other salaries and wages came to $7.1m. At year end it held assets of $21.8m against liabilities of $6.6m, net assets of $15.2m. It reported 246 employees.