Angel Central Academy Inc

Analysis

Angel Central Academy Inc is a registered charity in United States, based in Elkhart, IN. 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 December 2023, Angel Central Academy Inc reported income of $135k and spending of $136k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $135k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angel Central Academy Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include Forest Trail Elementary Booster Club Inc ($135k), Gunn High School Theatre Boosters ($135k) and Montessori Global Growth Fund ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $230k against liabilities of $302k, net assets of -$72k.