Soaring Eagle Academy

Analysis

Soaring Eagle Academy is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Soaring Eagle Academy reported income of $7.9m and spending of $7.8m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $7.4m to $7.9m (+7.1%), an average of +1.7% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Soaring Eagle Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Boys Town Jerusalem Foundation of America Inc ($7.9m), Community Foundation of Lorain County ($7.9m) and United Way of Pierce County ($7.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $259k (3.3% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $5.1m against liabilities of $3.5m, net assets of $1.6m. It reported 199 employees.