New Jerusalem Academy

Analysis

New Jerusalem Academy is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in April 2023, 3 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, New Jerusalem Academy reported income of $476k and spending of $421k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $307k to $476k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Jerusalem 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 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include College Access Center of Jackson Inc ($476k), International Protective Security Board Inc ($476k) and International Association of Bridge Structural Ornamental and ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (12% of expenses). Other salaries and wages came to $120k. At year end it held assets of $107k against liabilities of $16k, net assets of $91k. It reported 5 employees.