Albuquerque Sign Language Academy

Analysis

Albuquerque Sign Language Academy is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 2013, 13 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, Albuquerque Sign Language Academy reported income of $6.8m and spending of $5.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $6.8m (+135%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albuquerque Sign Language 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 95th percentile within NM. Charities of a similar size with the same main cause include Her Justice Inc ($6.8m), Voices for International Business & Education ($6.8m) and Francis Marion University Education Foundation ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $131k (2.3% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $7.5m against liabilities of $9.4m, net assets of -$1.9m. It reported 68 employees.