Wedgwood Academy

Analysis

Wedgwood Academy is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 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 December 2023, Wedgwood Academy reported income of $544k and spending of $544k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $489k to $544k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wedgwood Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Corbit Calloway Memorial Library ($543k), Lindsay Educational Foundation for Learning ($544k) and Three Hierarchs Academy Inc ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $406k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 13 employees.