Beverly Hills Academy
Analysis
Beverly Hills Academy is a registered charity in United States, based in Beverly Hills, MI. It received its IRS tax-exemption ruling in June 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, Beverly Hills Academy reported income of $3.4m and spending of $3.2m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $3.4m (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Beverly Hills Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Chaparral Star Academy Inc ($3.4m), El Sewedy International Academy ($3.4m) and McLennan Community College Foundation ($3.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.6% and program service revenue 87% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $1.7m against liabilities of $75k, net assets of $1.6m. It reported 79 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.6%
- Program services 87%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chaparral Star Academy Inc | Austin | $3.4m |
| El Sewedy International Academy | West Chester | $3.4m |
| McLennan Community College Foundation | Waco | $3.4m |
| Dillard Academy Inc | Goldsboro | $3.4m |