Financial Information for New Way Academy

New Way Academy's annual revenue was $8.2M in tax year 2024, reported on their IRS Form 990. They spent $7.4M in total expenses. 84% went to programs and services.

Financial Breakdown

What is New Way Academy's total annual expenses?

New Way Academy spent $7.4M in tax year 2024, according to their IRS Form 990 filing.

How much of New Way Academy's budget goes to programs?

New Way Academy spent $6.2M (84% of expenses) on programs and services in tax year 2024.

How much does New Way Academy spend on overhead?

New Way Academy's overhead in tax year 2024 includes administrative (13%) and fundraising (3%) of their expenses.

What is New Way Academy's net worth?

New Way Academy had net assets of $7.6M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.