Academy of Accelerated Learning Inc

Analysis

Academy of Accelerated Learning Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1998, 28 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 August 2023, Academy of Accelerated Learning Inc reported income of $12.1m and spending of $12.0m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $7.8m to $12.1m (+55%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 23%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of Accelerated Learning Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Northstar Public Schools ($12.1m), The Delta Academy ($12.1m) and Aveson ($12.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $13.9m against liabilities of $2.4m, net assets of $11.5m. It reported 103 employees.