Hamza Academy

Analysis

Hamza Academy is a registered charity in United States, based in Valley Stream, NY. It received its IRS tax-exemption ruling in May 2017, 9 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 December 2023, Hamza Academy reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $573k to $1.0m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hamza Academy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Buffs 4 Life ($1.0m), Southern Managemant Associate ($1.0m) and Veritas Christian Academy Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $689k. At year end it held assets of $91k against liabilities of $0, net assets of $91k.