DURHAM ACADEMY INC

DURHAM ACADEMY INC

Durham, NC, US
501(c)3
EIN
56-0538019
School

DURHAM ACADEMY INC

Durham, NC, US
501(c)3
EIN
56-0538019
School

Overview

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Est.

1961

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Durham Academy Inc, identified by EIN 56-0538019, is a nonprofit organization dedicated to providing elementary and secondary education aimed at fostering moral, happy, and productive lives for its students. With an operating budget of $41 million and total revenue of $45.3 million for the 2024 filing year, the organization emphasizes intellectual growth, critical judgment, and curiosity through its academic programs. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. More information can be found on their website at www.da.org.

Mission Statement

THE PURPOSE OF DURHAM ACADEMY IS TO PROVIDE EACH STUDENT AN EDUCATION THAT WILL ENABLE HIM OR HER TO LIVE A MORAL, HAPPY AND PRODUCTIVE LIFE. THE DEVELOPMENT OF INTELLECT IS CENTRAL TO SUCH A LIFE AND, THUS, INTELLECTUAL ENDEAVOR AND GROWTH ARE THE PRIMARY WORK OF THE SCHOOL. THE ACQUISITION OF KNOWLEDGE; THE DEVELOPMENT OF SKILLS, CRITICAL JUDGMENT AND INTELLECTUAL CURIOSITY; AND INCREASED UNDERSTANDING ARE THE GOALS OF THE SCHOOL'S ACADEMIC PROGRAM.
Revenues

$45.3M

Expenses

$43.7M

Net Income:
+$1.6M
Assets

$118.3M

Liabilities

$27.6M

Net Assets:
+$90.7M
Operating Budget

$41M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

37

Median grant size
$11K
Largest grant received
$110K
D
Delores Moore
Board Member
R
Randy Gelber
Board Member
N
Nina King
Board Member

Frequently Asked Questions

What is DURHAM ACADEMY INC’s budget?
In 2024, DURHAM ACADEMY INC reported an annual operating budget of around $41 million. More detailed financial information is available to registered users.
What causes does DURHAM ACADEMY INC support?
DURHAM ACADEMY INC supports work in Elementary and secondary education.
Where does DURHAM ACADEMY INC operate?
DURHAM ACADEMY INC is headquartered in Durham, NC.
Who funded DURHAM ACADEMY INC recently?
In 2025, DURHAM ACADEMY INC received grants from WHELESS FOUNDATION, RAYMOND JAMES CHARITABLE ENDOWMENT FUND, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant DURHAM ACADEMY INC received in 2024?
The largest grant to DURHAM ACADEMY INC in 2024 exceeds $110 thousand.
Overview
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