Geneva Academy Inc

Analysis

Geneva Academy Inc is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in July 2002, 24 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 2024, Geneva Academy Inc reported income of $688k and spending of $731k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $552k to $688k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 29%. 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, Geneva Academy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Beacon Network Schools Innovation Zone ($688k), Snake River Montessori School Inc ($688k) and Bridge Alliance Education Fund ($688k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $60k (8.1% of expenses). Other salaries and wages came to $461k. At year end it held assets of $196k against liabilities of $20k, net assets of $176k. It reported 23 employees.