Ezra Academy of Queens

Analysis

Ezra Academy of Queens is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in October 1973, 53 years ago. 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 August 2023, Ezra Academy of Queens reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.8m (+59%), an average of +12% a year. The sharpest change came in the year to August 2020, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ezra Academy of Queens sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Greater Butte Community Co-Ordinated Child Child Care Serv ($1.8m), Wickenburg Christian Academy Inc ($1.8m) and American Federation of Muslims of Indian Origin ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $44k (2.5% of expenses). Other salaries and wages came to $775k. At year end it held assets of $381k against liabilities of $0, net assets of $381k. It reported 26 employees.