Daniel Academy

Analysis

Daniel Academy is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 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 May 2023, Daniel Academy reported income of $1.8m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.0m to $1.8m (+70%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Daniel Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include BR Staffing Services Corporation ($1.8m), Chippewa Valley Technical College Foundation Inc ($1.8m) and Sampson Community College Foundation Inc ($1.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $69k (3.6% of expenses). Other salaries and wages came to $993k. At year end it held assets of $1.5m against liabilities of $598k, net assets of $915k. It reported 91 employees.