Columbus Arts and Technology Academy

Analysis

Columbus Arts and Technology Academy is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 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, Columbus Arts and Technology Academy reported income of $7.0m and spending of $6.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $7.0m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Columbus Arts and Technology Academy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Reformation Heritage Books Inc ($7.0m), Dugger Union Community Schools ($7.0m) and Horizon Educational Services Inc ($7.0m).

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 $1.9m. At year end it held assets of $8.3m against liabilities of $15.4m, net assets of -$7.0m.