Academy Del Sol Inc

Analysis

Academy Del Sol Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 2015, 11 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 2023, Academy Del Sol Inc reported income of $7.3m and spending of $7.9m, spending 109% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $5.9m to $7.3m (+25%), an average of +7.6% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy Del Sol Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Global Impact STEM Academy ($7.3m), The Foundation for Santa Barbara City College ($7.3m) and Wayland Academy ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $291k (3.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $18.3m against liabilities of $18.6m, net assets of -$347k. It reported 115 employees.