Reign Homeschooling Academy Inc

Analysis

Reign Homeschooling Academy Inc is a registered charity in United States, based in Ormond Beach, FL. It received its IRS tax-exemption ruling in June 2014, 12 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, Reign Homeschooling Academy Inc reported income of $684k and spending of $555k, spending 81% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $277k to $684k (+146%), an average of +57% a year. The sharpest change came in the year to December 2021, when income rose by 286%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reign Homeschooling Academy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Walnut Creek Vietnamese Foundation ($684k), Lansing Promise ($684k) and Pocatello Valley Educators Inc ($684k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $352k. At year end it held assets of $518k against liabilities of $156k, net assets of $362k.