No Limits Academy Inc

Analysis

No Limits Academy Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in February 2009, 17 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 2024, No Limits Academy Inc reported income of $1.0m and spending of $942k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $731k to $1.0m (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, No Limits Academy Inc 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 81st percentile within FL. Charities of a similar size with the same main cause include Southern Managemant Associate ($1.0m), Quad City Montessori Association Inc ($1.0m) and Hamza Academy ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Other salaries and wages came to $639k. At year end it held assets of $446k against liabilities of $40k, net assets of $406k. It reported 27 employees.