Discovery Language Academy Inc

Analysis

Discovery Language Academy Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Discovery Language Academy Inc reported income of $331k and spending of $317k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $419k to $331k (-21%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Discovery Language Academy Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Strategic Deterrent Coalition ($331k), Wimberley Valley Radio ($331k) and Celebration Barn Theater ($331k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $80k (25% of expenses). Other salaries and wages came to $132k. At year end it held assets of $398k against liabilities of $73k, net assets of $325k. It reported 23 employees.