North Star Academy

Analysis

North Star Academy is a registered charity in United States, based in Bluffdale, UT. It received its IRS tax-exemption ruling in January 2006, 20 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, North Star Academy reported income of $5.4m and spending of $4.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $5.4m (+33%), an average of +7.4% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Star Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within UT. Charities of a similar size with the same main cause include Foundation Properties Inc ($5.4m), Maybeck High School Incorporated ($5.4m) and Liberty Steam Charter School ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.0% of the total. At year end it held assets of $9.9m against liabilities of $7.7m, net assets of $2.2m.