Clarksville Academy

Analysis

Clarksville Academy is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in September 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 July 2023, Clarksville Academy reported income of $10.0m and spending of $7.0m, leaving 30% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $6.2m to $10.0m (+61%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clarksville Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Jackson Hole Classical School Inc ($10.0m), Search Day Program ($10.0m) and Mastery Charter School - Clymer Elementary ($10.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 22% and program service revenue 70% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $9.4m against liabilities of $5.4m, net assets of $4.0m. It reported 110 employees.