Aim High Academy Inc

Analysis

Aim High Academy Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Aim High Academy Inc reported income of $863k and spending of $885k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $863k (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aim High Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Chicagoland United Soccer Club NFP ($863k), Blue Tide Aquatics 081894 ($865k) and Georgia Amateur Wrestling Association Inc ($863k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $68k (7.6% of expenses). Other salaries and wages came to $308k. At year end it held assets of $3.2m against liabilities of $516k, net assets of $2.7m. It reported 41 employees.