Wyeast Mountain Academy Inc

Analysis

Wyeast Mountain Academy Inc is a registered charity in United States, based in Sandy, OR. It received its IRS tax-exemption ruling in October 2020, 6 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 December 2023, Wyeast Mountain Academy Inc reported income of $5.2m and spending of $4.4m, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.2m to $5.2m (+137%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wyeast Mountain Academy Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Afia Holding Company ($5.2m), Bishops University Foundation ($5.2m) and John Milledge Academy Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $212k (4.8% of expenses). Other salaries and wages came to $629k. At year end it held assets of $8.3m against liabilities of $7.3m, net assets of $971k. It reported 33 employees.