Confluence Academy
Analysis
Confluence Academy is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2005, 21 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, Confluence Academy reported income of $56.4m and spending of $52.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.2m to $56.4m (+28%), an average of +6.3% a year. 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, Confluence Academy sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Crescent View South Inc ($56.3m), Utah Charter Academies ($56.4m) and Umkc Foundation ($56.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $448k (0.8% of expenses). Other salaries and wages came to $20.9m. At year end it held assets of $67.3m against liabilities of $45.2m, net assets of $22.1m. It reported 479 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Crescent View South Inc | Lancaster | $56.3m |
| Utah Charter Academies | Draper | $56.4m |
| Umkc Foundation | Kansas City | $56.3m |
| Pennsylvania Virtual Charter School | KNG of Prussa | $56.4m |