Logos Classical Academy Inc
Analysis
Logos Classical Academy Inc is a registered charity in United States, based in Evans, GA. It received its IRS tax-exemption ruling in July 2021, 5 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, Logos Classical Academy Inc reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $409k to $1.4m (+234%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 97% 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 Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Dominion Ridge Academy ($1.4m), York Technical College Foundation Inc ($1.4m) and Martinson Child Development Center Inc ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $688k. At year end it held assets of $86k against liabilities of $1,321, net assets of $85k. It reported 52 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.8%
- Program services 99%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dominion Ridge Academy | Front Royal | $1.4m |
| York Technical College Foundation Inc | Rock Hill | $1.4m |
| Martinson Child Development Center Inc | Alviso | $1.4m |
| Howland Public Library | Beacon | $1.4m |