Logos Classical Academy of Northern Virginia

Analysis

Logos Classical Academy of Northern Virginia is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in April 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 of Northern Virginia reported income of $418k and spending of $296k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $288k to $418k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 68% 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 of Northern Virginia sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Edu Inc ($418k), NSLS Foundation Inc ($418k) and Electric Distribution Exchange Conference Host Committee Inc ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $54k (18% of expenses). Other salaries and wages came to $115k. At year end it held assets of $314k against liabilities of $5,188, net assets of $309k. It reported 19 employees.