East Voyager Academy

Analysis

East Voyager Academy is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in November 2018, 8 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, East Voyager Academy reported income of $2.3m and spending of $2.5m, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $950k to $2.3m (+142%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 57%. 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, East Voyager Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include East Walker Education and Development Inc ($2.3m), Oklahoma City Public Schools Foundation Inc ($2.3m) and Weber County School District Foundation ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. Other salaries and wages came to $992k. At year end it held assets of $3.7m against liabilities of $3.7m, net assets of $53k. It reported 47 employees.