City of Hialeah Education Academy Inc

Analysis

City of Hialeah Education Academy Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in October 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, City of Hialeah Education Academy Inc reported income of $15.3m and spending of $11.7m, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.6m to $15.3m (+101%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City of Hialeah Education Academy Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Usf Health Professions Conferencing Corporation ($15.3m), Gateway Public Schools ($15.3m) and Finishing Trades Institute of North California and Nevada Trust ($15.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $6.5m. At year end it held assets of $8.6m against liabilities of $775k, net assets of $7.9m. It reported 107 employees.