Tillery Charter Academy

Analysis

Tillery Charter Academy is a registered charity in United States, based in Biscoe, NC. It received its IRS tax-exemption ruling in November 2019, 7 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, Tillery Charter Academy reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $586k to $2.0m (+248%), an average of +52% a year. The sharpest change came in the year to June 2021, when income rose by 78%. 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, Tillery Charter Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Mid South Community College Foundat Ion Inc ($2.0m), Quad Cities Christian School ($2.0m) and Ramsey Educational and Development Institute Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Other salaries and wages came to $942k. At year end it held assets of $352k against liabilities of $142k, net assets of $210k. It reported 33 employees.