Northstar International Academy Inc

Analysis

Northstar International Academy Inc is a registered charity in United States, based in Southaven, MS. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northstar International Academy Inc reported income of $4.3m and spending of $4.7m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.6m to $4.3m (+19%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northstar International Academy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within MS. Charities of a similar size with the same main cause include Public School Forum of North Carolina Inc ($4.3m), Teaching American History ($4.3m) and Central State University Foundation ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $93k (2.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $420k, net assets of $732k. It reported 33 employees.