Academy for Urban Scholars

Analysis

Academy for Urban Scholars is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 2015, 11 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, Academy for Urban Scholars reported income of $6.4m and spending of $6.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $6.4m (+89%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy for Urban Scholars 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 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Heartwood Charter School ($6.4m), Serendipity Center Inc ($6.4m) and Uwg Real Estate Foundation Inc ($6.4m).

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 $851k. At year end it held assets of $3.9m against liabilities of $3.9m, net assets of $42k. It reported 19 employees.