Academy of Excellence

Analysis

Academy of Excellence is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 2009, 17 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 of Excellence reported income of $28.3m and spending of $27.3m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.4m to $28.3m (+282%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of Excellence sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Ranney School ($28.3m), Republic Schools Inc ($28.4m) and Cazenovia College ($28.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $4.8m. At year end it held assets of $9.9m against liabilities of $4.8m, net assets of $5.1m. It reported 155 employees.