The Delta Academy

Analysis

The Delta Academy is a registered charity in United States, based in N Las Vegas, NV. It received its IRS tax-exemption ruling in September 2021, 5 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, The Delta Academy reported income of $12.1m and spending of $9.2m, leaving 24% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $6.4m to $12.1m (+89%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Delta 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 97th percentile within NV. Charities of a similar size with the same main cause include Academy of Accelerated Learning Inc ($12.1m), Childrens Literacy Initiative ($12.1m) and Northstar Public Schools ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $378k (4.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $9.1m against liabilities of $4.3m, net assets of $4.8m. It reported 25 employees.