Blue Ridge Academy

Analysis

Blue Ridge Academy is a registered charity in United States, based in Maricopa, CA. It received its IRS tax-exemption ruling in March 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 2023, Blue Ridge Academy reported income of $83.7m and spending of $83.7m, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $76.7m to $83.7m (+9.0%), an average of +9.0% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Ridge Academy sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Faulkner University ($83.6m), Holy Family University ($83.7m) and The Academy Charter School ($83.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $516k (0.6% of expenses). Other salaries and wages came to $34.7m. At year end it held assets of $25.3m against liabilities of $18.5m, net assets of $6.8m. It reported 466 employees.