International Academies of Ohio

Analysis

International Academies of Ohio is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2005, 21 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, International Academies of Ohio reported income of $4.5m and spending of $4.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.5m (+53%), an average of +11% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Academies of Ohio sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Illinois Network of Charter Schools ($4.5m), Brainerd Baptist School ($4.5m) and North Shore Community School ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $161k (4.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.3m against liabilities of $6.1m, net assets of -$800k. It reported 39 employees.