Ambleside Ocala Inc
Analysis
Ambleside Ocala Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in November 2003, 23 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 July 2022, Ambleside Ocala Inc reported income of $1.8m and spending of $1.9m, spending 106% of what it took in. Across the 4 years on record, from July 2019 to July 2022, income grew from $1.2m to $1.8m (+53%), an average of +15% a year. The sharpest change came in the year to July 2021, when income rose by 26%. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ambleside Ocala Inc 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 87th percentile within FL. Charities of a similar size with the same main cause include Early Learning Institute ($1.8m), Crestview Academy Inc ($1.8m) and Massachusetts Association of 766 Approved Private Schools Inc ($1.8m).
On its Form 990 for the period ending July 2022, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.0m against liabilities of $450k, net assets of $552k. It reported 39 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 77%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Early Learning Institute | Pittsburgh | $1.8m |
| Crestview Academy Inc | Eau Claire | $1.8m |
| Massachusetts Association of 766 Approved Private Schools Inc | Stoneham | $1.8m |
| E2d Inc | Davidson | $1.8m |