Savannah Classical Academy Foundation Inc

Analysis

Savannah Classical Academy Foundation Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Savannah Classical Academy Foundation Inc reported income of $179k and spending of $155k, spending 87% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $2.9m to $179k (-94%), an average of -75% a year. The sharpest change came in the year to June 2023, when income dropped by 96%. Over the whole period it spent 9.9% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Savannah Classical Academy Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Urology Health Foundation ($179k), Union City Education Foundation Inc ($179k) and Lehtonen Family Foundation ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 186% of the total. Other salaries and wages came to $111k. At year end it held assets of $12.3m against liabilities of $5.6m, net assets of $6.8m. It reported 1 employees.