Healthy Learning Academy Inc

Analysis

Healthy Learning Academy Inc is a registered charity in United States, based in Newberry, FL. It received its IRS tax-exemption ruling in September 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, Healthy Learning Academy Inc reported income of $1.1m and spending of $1.2m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $837k to $1.1m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Healthy Learning Academy Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Mission Aviation Training Academy ($1.1m), Give to Learn to Grow Foundation ($1.1m) and Childrens Development Program Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 93% of the total. Other salaries and wages came to $773k. At year end it held assets of $625k against liabilities of $253k, net assets of $372k. It reported 25 employees.