Apparo Academy Inc

Analysis

Apparo Academy Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Apparo Academy Inc reported income of $3.1m and spending of $3.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.4m to $3.1m (+126%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 439%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apparo Academy Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Lawyers Alliance for New York ($3.1m), Boys Club of Wichita Falls ($3.1m) and Kartemquin Educational Films ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $6.7m against liabilities of $366k, net assets of $6.4m. It reported 66 employees.