Springs Academy Inc

Analysis

Springs Academy Inc is a registered charity in United States, based in Green CV SPGS, FL. It received its IRS tax-exemption ruling in December 2024, 2 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 2023, Springs Academy Inc reported income of $764k and spending of $737k, spending 97% of its income. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springs Academy Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Aaaa Scholarship Foundation Inc ($764k), Stillwater Christian School Inc ($764k) and Vdare Foundation ($764k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $454k. At year end it held assets of $123k against liabilities of $0, net assets of $123k. It reported 9 employees.