Regina Coeli Academy

Analysis

Regina Coeli Academy is a registered charity in United States, based in Abington, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Regina Coeli Academy reported income of $1.9m and spending of $1.7m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+29%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Regina Coeli Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include The Sparhawk Foundation Inc ($1.9m), Truman State University Foundation ($1.9m) and New Heights Schools Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Other salaries and wages came to $736k. At year end it held assets of $289k against liabilities of $9,800, net assets of $279k. It reported 21 employees.