Beyond Expectations Academy Inc

Analysis

Beyond Expectations Academy Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2010, 16 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 2022, Beyond Expectations Academy Inc reported income of $1.3m and spending of $1.4m, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.4m to $1.3m (-8.5%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beyond Expectations Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Saint Nicholas Schools ($1.3m), SC Future Makers ($1.3m) and Bay Scholars ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $96k (6.9% of expenses). Other salaries and wages came to $786k. At year end it held assets of $1.4m against liabilities of $44, net assets of $1.4m.