Archway Academy

Analysis

Archway Academy is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2004, 22 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, Archway Academy reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.3m (-0.2%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Archway Academy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Gurukul ($1.3m), Merrimack Valley Islamic Academy Inc ($1.3m) and Hiawatha Collegiate High School Abc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $157k (12% of expenses). Other salaries and wages came to $594k. At year end it held assets of $1.4m against liabilities of $4,450, net assets of $1.4m. It reported 11 employees.