Wythe Academy Inc

Analysis

Wythe Academy Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2022, 4 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 June 2024, Wythe Academy Inc reported income of $122k and spending of $271k, spending 222% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $124k to $122k (-1.7%), an average of -1.7% a year. Over the whole period it spent 190% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wythe Academy Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within GA. Charities of a similar size with the same main cause include Patrick Henry High School Alumni Association Inc ($122k), Grosse Pointe Gridiron Club ($122k) and Cohasset Parent School Organization ($122k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $37k against liabilities of $258k, net assets of -$221k.