Davidson Academy

Analysis

Davidson Academy is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 1983, 43 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, Davidson Academy reported income of $10.7m and spending of $9.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $10.7m (+14%), an average of +3.3% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Davidson Academy sits at the 94th percentile: it is larger than about 94% 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 North Davis Preparatory Academy Inc ($10.7m), Nextup Inc ($10.7m) and Waldorf School of the Peninsula Inc ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $248k (2.6% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $10.5m against liabilities of $4.7m, net assets of $5.8m. It reported 211 employees.