Overview

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Est.

1961

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

DURHAM ACADEMY INC is an elementary and secondary education nonprofit based on a mission to provide students with an education that supports moral, happy, and productive lives through intellectual endeavor, knowledge, critical judgment, and curiosity. In filing year 2025, it reported an operating budget of $42M and total revenue of $47.6M, with support from funders including TRIANGLE COMMUNITY FOUNDATION INC, F. M. KIRBY FOUNDATION, and HILL GEORGE WATTS FOUNDATION.

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
46
Median grant size
$12K
Largest grant received
$363.3K
P
Paul Casey
Board Member
S
Selena Keegan
Board Member
N
Nina King
Board Member
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  • 73 funders
  • 112 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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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 HILL GEORGE WATTS FOUNDATION, C STEVEN DUNCKER FOUNDATION C/O RAICH ENDE MALTER & CO LLP, and NORTH CAROLINA COMMUNITY FOUNDATION. 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 $363 thousand.