Regina Angelorum Academy
Analysis
Regina Angelorum Academy is a registered charity in United States, based in Ardmore, PA. It received its IRS tax-exemption ruling in November 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, Regina Angelorum Academy reported income of $2.3m and spending of $2.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.3m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Regina Angelorum Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Association of Independent Schools in New England Inc ($2.3m), Imago Dei Middle School ($2.3m) and Global Game Changers Childrens Education Initiative Inc ($2.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 42% of the total. Other salaries and wages came to $886k. At year end it held assets of $1.8m against liabilities of $10k, net assets of $1.8m. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 42%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Association of Independent Schools in New England Inc | Boston | $2.3m |
| Imago Dei Middle School | Tucson | $2.3m |
| Global Game Changers Childrens Education Initiative Inc | Smithfield | $2.3m |
| Aibt Nonprofit Charter High School Inc | Phoenix | $2.3m |