Clemson Area Classical Academy

Analysis

Clemson Area Classical Academy is a registered charity in United States, based in Clemson, SC. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Clemson Area Classical Academy reported income of $267k and spending of $226k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $276k to $267k (-3.0%), an average of -1.0% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Clemson Area Classical Academy sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within SC. Charities of a similar size with the same main cause include Liberty Lodge Inc ($267k), Park Central Inc ($267k) and Pi Beta Phi Guardian Angel Club Corp ($267k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $13k (5.7% of expenses). Other salaries and wages came to $170k. At year end it held assets of $92k against liabilities of $0, net assets of $92k. It reported 36 employees.