Zenith Academy - East

Analysis

Zenith Academy - East is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 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, Zenith Academy - East reported income of $5.8m and spending of $4.9m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $5.8m (+86%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 42%. 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, Zenith Academy - East sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Tucc Inc ($5.8m), Texas Rangers Baseball Foundation ($5.8m) and Core Districts ($5.8m).

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 $1.6m. At year end it held assets of $5.9m against liabilities of $6.7m, net assets of -$802k. It reported 69 employees.