Greenville Classical Academy

Analysis

Greenville Classical Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 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, Greenville Classical Academy reported income of $3.1m and spending of $2.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $972k to $3.1m (+224%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greenville Classical Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Southeastern Libraries Cooperating ($3.1m), Rochester Arts & Sciences Academy Foundation ($3.1m) and San Antonio Preparatory Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $93k (3.6% of expenses). Other salaries and wages came to $1.1m. It paid $11k in professional fundraising fees. At year end it held assets of $9.2m against liabilities of $6.8m, net assets of $2.3m. It reported 49 employees.