Northwest Academy

Analysis

Northwest Academy is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1996, 30 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 2023, Northwest Academy reported income of $8.2m and spending of $8.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $8.2m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include Oglethorpe Charter School Inc ($8.2m), Southwest Georgia STEM Charter Inc ($8.2m) and CNS International Ministries Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $435k (5.2% of expenses). Other salaries and wages came to $4.1m. It paid $31k in professional fundraising fees. At year end it held assets of $26.6m against liabilities of $12.8m, net assets of $13.7m. It reported 83 employees.