Ave Maria Academy Inc

Analysis

Ave Maria Academy Inc is a registered charity in United States, based in Maiden Rock, WI. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Ave Maria Academy Inc reported income of $233k and spending of $248k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $275k to $233k (-15%), an average of -5.3% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ave Maria Academy Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Norwood Christian Preschool ($233k), San Juan Hills High Schoolperforming Arts Boosters Inc ($233k) and Students with a Goal ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 7.1% of the total. Other salaries and wages came to $164k. At year end it held assets of $71k against liabilities of $2,702, net assets of $68k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.