Peace Academy Charter

Analysis

Peace Academy Charter is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in October 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 June 2024, Peace Academy Charter reported income of $3.1m and spending of $2.9m, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $266k to $3.1m (+1054%), an average of +240% a year. The sharpest change came in the year to June 2024, when income rose by 269%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peace Academy Charter sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Legacy Christian School Inc ($3.1m), Pressley Ridge Foundation ($3.1m) and Snow College Foundation ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $5.7m against liabilities of $5.6m, net assets of $186k. It reported 19 employees.