Northern Colorado Academy of Artsand Knowledge
Analysis
Northern Colorado Academy of Artsand Knowledge is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in February 2016, 10 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 2024, Northern Colorado Academy of Artsand Knowledge reported income of $2.9m and spending of $2.6m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.2m to $2.9m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Northern Colorado Academy of Artsand Knowledge sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include The Montessori Childrens House of Valley Forge Inc ($2.9m), Midway Foundation Inc ($2.9m) and Leadership for Educational Achievement Foundation Inc ($2.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $275k, net assets of $1.3m.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 66%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Montessori Childrens House of Valley Forge Inc | Wayne | $2.9m |
| Midway Foundation Inc | San Diego | $2.9m |
| Leadership for Educational Achievement Foundation Inc | Latham | $2.9m |
| Blackwater Regional Library | Courtland | $2.9m |