Educational Academy for Boys and Girls

Analysis

Educational Academy for Boys and Girls is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 2008, 18 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, Educational Academy for Boys and Girls reported income of $2.5m and spending of $2.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.5m (+90%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Academy for Boys and Girls 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 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Montessori School of Louisville Inc ($2.5m), Heritage Christian Academy ($2.5m) and Ellis Center for Educational Excellence ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $2.0m, net assets of -$889k.