Redwood Classical Academy

Analysis

Redwood Classical Academy is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Redwood Classical Academy reported income of $139k and spending of $137k, spending 98% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $63k to $139k (+121%), an average of +49% a year. The sharpest change came in the year to May 2023, when income rose by 74%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redwood Classical Academy sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MO. Charities of a similar size with the same main cause include Parent Booster USA Inc ($139k), RSM Foundation Inc ($139k) and Pathfinders of Palm Beach and Martin Counties Inc ($139k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $4,302 against liabilities of $0, net assets of $4,302.