Centreville Academy Inc

Analysis

Centreville Academy Inc is a registered charity in United States, based in Centreville, MS. It received its IRS tax-exemption ruling in August 1998, 28 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, Centreville Academy Inc reported income of $2.0m and spending of $2.2m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.0m (+18%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centreville Academy Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within MS. Charities of a similar size with the same main cause include Angela Merici and John Henry Newman Foundation Inc ($2.0m), Autism Academy of Learning ($2.0m) and Veritas School ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 90% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $703k, net assets of $681k.