Entheos Academy

Analysis

Entheos Academy is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in June 2006, 20 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, Entheos Academy reported income of $12.0m and spending of $10.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.1m to $12.0m (+32%), an average of +7.3% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Entheos Academy sits at the 94th 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 UT. Charities of a similar size with the same main cause include American Association of University Women Inc ($12.0m), Phoenix Education Network Inc ($12.0m) and Tech Impact ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $146k (1.4% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $19.2m against liabilities of $13.0m, net assets of $6.2m. It reported 213 employees.