Brentwood Academy Inc
Analysis
Brentwood Academy Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in May 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 June 2023, Brentwood Academy Inc reported income of $26.8m and spending of $27.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.8m to $26.8m (+18%), an average of +4.1% a year. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Brentwood Academy Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Pathpoint ($26.8m), Indian Community School Inc ($26.8m) and William Peace University ($26.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $618k (2.3% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $51.4m against liabilities of $6.6m, net assets of $44.8m. It reported 317 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.7%
- Program services 91%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pathpoint | Santa Barbara | $26.8m |
| Indian Community School Inc | Franklin | $26.8m |
| William Peace University | Raleigh | $26.8m |
| Memphis University School | Memphis | $26.9m |