Advantage Academy of Hillsborough Inc

Analysis

Advantage Academy of Hillsborough Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in December 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 June 2024, Advantage Academy of Hillsborough Inc reported income of $74.6m and spending of $74.3m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $48.0m to $74.6m (+56%), an average of +9.2% 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, Advantage Academy of Hillsborough Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Excelsior University ($74.4m), Classical Academy Incorporated ($74.8m) and Concordia University ($74.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. At year end it held assets of $175.0m against liabilities of $150.6m, net assets of $24.5m. It reported 1,042 employees.