Anvil Academy Inc

Analysis

Anvil Academy Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in January 2020, 6 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, Anvil Academy Inc reported income of $872k and spending of $771k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $277k to $872k (+214%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 75%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anvil Academy Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Harmony School Christian Early Childhood Center ($872k), Relational Wisdom 360 ($872k) and Center for Innovation and Resources Inc ($872k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $132k (17% of expenses). Other salaries and wages came to $237k. At year end it held assets of $966k against liabilities of $362k, net assets of $604k. It reported 6 employees.