Academy for Advanced & Creative Learning

Analysis

Academy for Advanced & Creative Learning is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 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, Academy for Advanced & Creative Learning reported income of $4.5m and spending of $4.3m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.3m to $4.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy for Advanced & Creative Learning sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Coalition for Osteopathic Excellence ($4.5m), The Carmel School ($4.5m) and Lowcountry Montessori School ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $127k (3.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $7.4m against liabilities of $4.8m, net assets of $2.6m. It reported 39 employees.