Public Charity

CARY ACADEMY

Based in CARY, NC, CARY ACADEMY operates as a Public Charity. The organization reported $33.6M in revenue, $32.3M in expenses, $97.8M in total assets for fiscal year 2025. Imperigo tracks 57 reported grant relationships connected to this organization totaling approximately $4.3M.

EIN: 561934619 CARY, NC Secondary & High Schools NTEE: B25 Latest filing: 2025
Total Revenue$33.6M
Total Expenses$32.3M
Total Assets$97.8M
Grant Records57
Funding Total$4.3M
Filing Years2021–2025

Mission

CARY ACADEMY IS A COEDUCATIONAL DAY SCHOOL THAT PROVIDES AN INDEPENDENT SCHOOL EDUCATION FOR STUDENTS IN GRADES SIX THROUGH TWELVE.

Where $100 goes at Cary Academy

How Cary Academy divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$83 Programs the work itself
$16 Management running the organization
$1 Fundraising raising the next dollar

Inside the $83 for programs

$83
During the 2024-2025 school year, Cary Academy had 795 students enrolled in grades six through twelve
All program spending · Reported in the filing: 795 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER, BOARD OF DIRECTORS Aleta Payne
MEMBER, BOARD OF DIRECTORS Alex Udell
DIRECTOR OF DEVELOPMENT Alison Page
MEMBER, BOARD OF DIRECTORS Ann B Goodnight
MEMBER, BOARD OF DIRECTORS Ashley Perkinson
MEMBER, BOARD OF DIRECTORS Carl Ryden

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$2,877,150 25 grants
General Support
$1,352,488 25 grants
Unspecified
$80,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $33.6M $32.3M $97.8M
2024 $30.5M $29.3M $97.2M
2023 $29.0M $28.4M $90.9M
2022 $28.8M $26.7M $87.5M
2021 $26.2M $24.6M $92.1M

Between 2021 and 2025, reported annual revenue grew from $26.2M to $33.6M (+28%), with total assets most recently reported at $97.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CARY ACADEMY

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