Advance Learning Academy

Analysis

Advance Learning Academy is a registered charity in United States, based in Kingsland, GA. It received its IRS tax-exemption ruling in June 2007, 19 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, Advance Learning Academy reported income of $314k and spending of $262k, spending 84% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $198k to $314k (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advance Learning Academy sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include The International Institute for Advanced Instruction ($314k), Western Wisconsin Ibewneca Apprenticeship and Training Trust ($314k) and Target Hope ($314k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $24k (9.1% of expenses). Other salaries and wages came to $98k. At year end it held assets of $251k against liabilities of $68, net assets of $251k. It reported 9 employees.