Saint Clement Coptic Orthodox Academy

Analysis

Saint Clement Coptic Orthodox Academy is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Saint Clement Coptic Orthodox Academy reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $795k to $1.5m (+86%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 58%. 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, Saint Clement Coptic Orthodox Academy sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Islamic Acedamy of Delaware ($1.5m), Aegean Conferences Inc ($1.5m) and North Shore Montessori School ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $56k (3.8% of expenses). Other salaries and wages came to $826k. At year end it held assets of $187k against liabilities of $187k, net assets of $0. It reported 27 employees.