Brookhaven Academy Educational Foundation Inc

Analysis

Brookhaven Academy Educational Foundation Inc is a registered charity in United States, based in Brookhaven, MS. It received its IRS tax-exemption ruling in June 2003, 23 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 2022, Brookhaven Academy Educational Foundation Inc reported income of $6.5m and spending of $5.8m, spending 90% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $3.5m to $6.5m (+83%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brookhaven Academy Educational Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MS. Charities of a similar size with the same main cause include Center for Advanced Learning ($6.5m), Two Roads Charter School ($6.5m) and Friends of Hellenic Classical Charter Schools Inc ($6.5m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 30% and program service revenue 67% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $4.5m against liabilities of $1.4m, net assets of $3.1m.