Excelsior Academies Inc

Analysis

Excelsior Academies Inc is a registered charity in United States, based in Miami Gardens, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Excelsior Academies Inc reported income of $10.0m and spending of $9.0m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.8m to $10.0m (+72%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 22%. 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, Excelsior Academies Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include University of Virginia Licensing & Ventures Group ($10.0m), Golden View Classical Academy ($10.0m) and Building Blocks Developmental Preschool Inc ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11.8m against liabilities of $9.2m, net assets of $2.6m. It reported 135 employees.