Hope Academy for Dyslexics

Analysis

Hope Academy for Dyslexics is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in February 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 July 2023, Hope Academy for Dyslexics reported income of $1.0m and spending of $954k, spending 94% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $672k to $1.0m (+51%), an average of +11% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Academy for Dyslexics sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Network for the Development of Children of African Descent ($1.0m), Adams 14 Education Foundation ($1.0m) and Cyber Sikh Organization ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $36k (3.8% of expenses). At year end it held assets of $319k against liabilities of $3,719, net assets of $315k. It reported 20 employees.