Aspire Charter Academy Inc

Analysis

Aspire Charter Academy Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 2011, 15 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, Aspire Charter Academy Inc reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $1.2m (-4.8%), an average of -1.6% 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, Aspire Charter Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include A Tavola Together Foundation ($1.2m), Friends of Tiferet Tzion Inc ($1.2m) and Impact Academy School Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Other salaries and wages came to $784k. At year end it held assets of $448k against liabilities of $36k, net assets of $412k.