Clarksville Academy Foundation

Analysis

Clarksville Academy Foundation is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clarksville Academy Foundation reported income of $740k and spending of $348k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $740k (+863%), an average of +863% a year. The sharpest change came in the year to December 2023, when income rose by 863%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clarksville Academy Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Gay Straight Alliance for Safeschools Incorporated ($739k), Finally Home ($740k) and Pinnacle Classical Academy ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $648k against liabilities of $0, net assets of $648k.