Sparta Academy
Analysis
Sparta Academy is a registered charity in United States, based in Evergreen, AL. It received its IRS tax-exemption ruling in December 2012, 14 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, Sparta Academy reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $962k to $1.4m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sparta 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 86th percentile within AL. Charities of a similar size with the same main cause include Chesterton Academy of Milwaukee Inc ($1.4m), Lowell Alumni Association ($1.4m) and Nature School Inc ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $764k. At year end it held assets of $405k against liabilities of $29k, net assets of $376k. It reported 54 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 80%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chesterton Academy of Milwaukee Inc | Menomonee FLS | $1.4m |
| Lowell Alumni Association | San Francisco | $1.4m |
| Nature School Inc | Indianapolis | $1.4m |
| Diamond Street Early Childhood Cent Er | Akron | $1.4m |