Capitol Hill Academy

Analysis

Capitol Hill Academy is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in September 2007, 19 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, Capitol Hill Academy reported income of $276k and spending of $286k, spending 103% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $230k to $276k (+20%), an average of +6.3% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capitol Hill Academy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within UT. Charities of a similar size with the same main cause include Project Diva ($276k), Jennie Katharine Kolter PTO ($276k) and Florida Initiative for Suicide Prevention Inc ($276k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $39k (14% of expenses). Other salaries and wages came to $138k. At year end it held assets of $75k against liabilities of $0, net assets of $75k. It reported 10 employees.