Two Rivers Classical Academy

Analysis

Two Rivers Classical Academy is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in July 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 2024, Two Rivers Classical Academy reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $207k to $1.3m (+528%), an average of +58% a year. The sharpest change came in the year to June 2021, when income rose by 122%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Two Rivers Classical Academy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Agape School of Baton Rouge Inc ($1.3m), Family Literacy Centers Inc ($1.3m) and Livingwell Institute ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $24k (2.2% of expenses). Other salaries and wages came to $676k. At year end it held assets of $1.2m against liabilities of $611k, net assets of $610k. It reported 45 employees.