American Youth Academy Inc

Analysis

American Youth Academy Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in November 2005, 21 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 May 2024, American Youth Academy Inc reported income of $13.5m and spending of $11.9m, spending 88% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $5.3m to $13.5m (+156%), an average of +21% a year. The sharpest change came in the year to May 2022, when income rose by 28%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Youth Academy Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Portland Christian School System Inc ($13.5m), Southern Assoc of Colleges and Schools Commission on Colleges Inc ($13.5m) and The Baruch College Fund ($13.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $7.3m. At year end it held assets of $23.0m against liabilities of $8.7m, net assets of $14.3m. It reported 171 employees.