Amite School Corporation

Analysis

Amite School Corporation is a registered charity in United States, based in Liberty, MS. It received its IRS tax-exemption ruling in December 2000, 26 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).

In the financial year ending June 2024, Amite School Corporation reported income of $2.6m and spending of $2.6m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.6m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amite School Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include Academy at Minds in Motion ($2.6m), Sunstone Montessori School Inc ($2.6m) and Temple Christian School Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $75k (2.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.0m against liabilities of $224k, net assets of $1.8m. It reported 76 employees.