Zenith Academy

Analysis

Zenith Academy is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Zenith Academy reported income of $9.1m and spending of $8.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $9.1m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Zenith Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include John Bapst Memorial High School ($9.1m), Matchbook Learning Schools of Indiana ($9.1m) and Liguori Academy ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $10.4m against liabilities of $11.6m, net assets of -$1.2m. It reported 103 employees.