Archway Classical Academy Chandler
Analysis
Archway Classical Academy Chandler is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 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, Archway Classical Academy Chandler reported income of $6.1m and spending of $5.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $6.1m (+32%), an average of +7.3% a year. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Archway Classical Academy Chandler 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 91st percentile within AZ. Charities of a similar size with the same main cause include Washington Research Library Consortium ($6.1m), Fountainhead Inc ($6.1m) and The California Medical Innovations Institute Inc ($6.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $97k (1.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $8.9m against liabilities of $4.4m, net assets of $4.5m.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 83%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Washington Research Library Consortium | Uppr Marlboro | $6.1m |
| Fountainhead Inc | Dublin | $6.1m |
| The California Medical Innovations Institute Inc | San Diego | $6.1m |
| Ivy Academy Inc | Soddy Daisy | $6.1m |