B — EducationEIN: 560538019· Ruling Year: 1961

Durham Academy Inc

Durham, North Carolina

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.15×
Peer Median9.48×
💰
$42.6M
Total Revenue
📊
$39.8M
Total Expenses
🏦
$85.6M
Net Assets
📋
$30.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.2%
Year-over-year change (2022 → 2023)
Net Margin
+6.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.15
Net assets divided by total expenses
Liabilities-to-Assets
26.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$42,593,002↑4%$39,825,185↑10%$116,101,697↑3%
2022$40,893,092↑5%$36,185,687↑4%$112,409,131↓2%
2021$38,768,231↓5%$34,739,105↑2%$115,235,784↑17%
2020$40,988,870↓8%$33,983,779↑3%$98,742,935↑7%
2019$44,370,418↑42%$33,132,390↑15%$92,328,113↑32%
2018$31,294,235↑8%$28,855,439↑4%$69,800,669↑12%
2017$28,857,819↑4%$27,723,705↑6%$62,584,369↑4%
2016$27,640,363$26,135,714↑4%$60,378,652↓1%
2015$27,632,762↑8%$25,188,487↑5%$60,709,051↑2%
2014$25,525,615↓2%$24,082,052↑4%$59,508,534↑1%
2013$26,152,016↑4%$23,194,886↑5%$58,662,689↑3%
2012$25,144,339↑7%$22,043,438↑2%$56,776,862↑6%
2011$23,561,910$21,601,904$53,783,938

Frequently Asked Questions

What does Durham Academy Inc do?▼

Durham Academy Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Durham Academy Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Durham Academy Inc has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Durham Academy Inc generate?▼

Durham Academy Inc reports $47.6M in annual revenue and holds $124.2M in total assets, based on IRS filings.

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Durham Academy Inc — Durham, NC | GiveScope