Shepherd Academy

Analysis

Shepherd Academy is a registered charity in United States, based in Murphy, NC. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Shepherd Academy reported income of $126k and spending of $117k, spending 92% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $88k to $126k (+44%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shepherd Academy sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include The Dulles Band Booster Club ($126k), Stella Schola PTO ($126k) and Willits Rotary Charitable Foundation ($126k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $9,579 against liabilities of $0, net assets of $9,579.