Chesterton Academy of Annapolis Incorporated
Analysis
Chesterton Academy of Annapolis Incorporated is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in April 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 December 2023, Chesterton Academy of Annapolis Incorporated reported income of $480k and spending of $530k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $480k (+142%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Chesterton Academy of Annapolis Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Jordanian American Physicians Inc ($480k), Horizon High School of Madison Inc ($481k) and Utah Industries for the Blind ($480k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $381k. At year end it held assets of $206k against liabilities of $7,173, net assets of $199k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 88%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jordanian American Physicians Inc | Friendswood | $480k |
| Horizon High School of Madison Inc | Madison | $481k |
| Utah Industries for the Blind | South Jordan | $480k |
| E G Fisher Public Library | Athens | $481k |