Florida High School for Accelerated Learning - Miami Campus

Analysis

Florida High School for Accelerated Learning - Miami Campus is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida High School for Accelerated Learning - Miami Campus reported income of $12.1m and spending of $9.1m, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.9m to $12.1m (+211%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florida High School for Accelerated Learning - Miami Campus sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Simmons College of Kentucky Inc ($12.1m), Rio Hondo Education Consortium ($12.2m) and Eugene Higgins Charitable Trust ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $13.2m against liabilities of $4.3m, net assets of $8.9m.