Akiva School

Analysis

Akiva School is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1971, 55 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 2023, Akiva School reported income of $2.9m and spending of $2.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $2.9m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to June 2020, when income dropped by 34%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Akiva School 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 90th percentile within TN. Charities of a similar size with the same main cause include Step Inc ($2.9m), Visiting Nurses of the Lower Valley Inc ($2.9m) and Respiratory Health Association ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $176k (6.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.0m against liabilities of $914k, net assets of $4.1m. It reported 38 employees.