Logos Classical Academy

Analysis

Logos Classical Academy is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Logos Classical Academy reported income of $307k and spending of $235k, leaving 24% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $213k to $307k (+44%), an average of +20% a year. The sharpest change came in the year to July 2023, when income rose by 31%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Logos Classical Academy sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within LA. Charities of a similar size with the same main cause include Friends of Baltimore City Public Schools Great Kids Farm Foundtn in ($307k), Gift of Chess Inc ($307k) and Tomahawk Lake Association Inc ($307k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 3.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $48k (21% of expenses). Other salaries and wages came to $120k. At year end it held assets of $370k against liabilities of $0, net assets of $370k. It reported 18 employees.