Harding Fine Arts Academy Inc

Analysis

Harding Fine Arts Academy Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 2020, 6 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, Harding Fine Arts Academy Inc reported income of $4.3m and spending of $4.0m, spending 94% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $2.5m to $4.3m (+70%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harding Fine Arts Academy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OK. Charities of a similar size with the same main cause include Bernard M Baruch College Association Inc ($4.3m), Yeshiva Derech Hatorah-Yeshivat Mizrachi Lbanim ($4.3m) and Silliman Institute Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $831k against liabilities of $443k, net assets of $388k. It reported 64 employees.