Knox Classical Academy

Analysis

Knox Classical Academy is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in April 2017, 9 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, Knox Classical Academy reported income of $396k and spending of $130k, leaving 67% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $279k to $396k (+42%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 58%. 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, Knox Classical Academy sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Rotary Club of Lake Minnetonka - Excelsior ($395k), Steam Engine Inc ($396k) and School of Lexia ($395k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $133k against liabilities of $133k, net assets of $0.