Intech Collegiate Academy

Analysis

Intech Collegiate Academy is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in April 2008, 18 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, Intech Collegiate Academy reported income of $2.7m and spending of $2.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.7m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Intech Collegiate Academy sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Crossroad Institute Inc ($2.7m), Institute for Arts and Culture Inc ($2.7m) and Maine Secondary School Principals Association ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $110k (4.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $440k, net assets of $1.4m. It reported 19 employees.