Aquinas Classical Academy

Analysis

Aquinas Classical Academy is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in March 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, Aquinas Classical Academy reported income of $480k and spending of $469k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $385k to $480k (+25%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aquinas Classical Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include The Andrew K Dwyer Foundation ($479k), University of Toledo Alumni Association ($480k) and Kids Place at Sequoyah Inc ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Other salaries and wages came to $317k. At year end it held assets of $398k against liabilities of $70k, net assets of $328k. It reported 17 employees.