Macon East Academy

Analysis

Macon East Academy is a registered charity in United States, based in Cecil, AL. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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 May 2023, Macon East Academy reported income of $2.7m and spending of $2.8m, spending 105% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $2.8m to $2.7m (-4.2%), an average of -1.1% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Macon East Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 92nd percentile within AL. Charities of a similar size with the same main cause include Support for Missions Inc ($2.7m), Learning Clinic Inc ($2.7m) and New Covenant Christian School Foundation ($2.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $110k (3.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.9m against liabilities of $1.9m, net assets of $2.0m. It reported 63 employees.