Youngstown Academy of Excellence

Analysis

Youngstown Academy of Excellence is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youngstown Academy of Excellence reported income of $3.3m and spending of $2.8m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.3m (+67%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youngstown Academy of Excellence sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Heir Force Community School ($3.3m), Burlingame Soccer Club ($3.3m) and Texas Aggie Corps of Cadets Association ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.6m against liabilities of $4.4m, net assets of -$753k.