Saint Ambrose Academy

Analysis

Saint Ambrose Academy is a registered charity in United States, based in Wexford, PA. It received its IRS tax-exemption ruling in June 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 May 2023, Saint Ambrose Academy reported income of $320k and spending of $313k, spending 98% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $248k to $320k (+29%), an average of +29% a year. The sharpest change came in the year to May 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Ambrose Academy sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Menlo-Atherton Nursery School ($319k), Enlightenment Bookstore and Literary Arts Center Inc ($320k) and Total Beauty Institute ($319k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $68k (22% of expenses). Other salaries and wages came to $179k. At year end it held assets of $83k against liabilities of $508, net assets of $83k. It reported 55 employees.