Real Journey Academies Foundation Inc

Analysis

Real Journey Academies Foundation Inc is a registered charity in United States, based in Ontario, CA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Real Journey Academies Foundation Inc reported income of $2.8m and spending of $2.7m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $654k to $2.8m (+328%), an average of +62% a year. The sharpest change came in the year to June 2021, when income rose by 180%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Real Journey Academies Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Childrens House at Serenbe Inc ($2.8m), Alliance Public Services Inc ($2.8m) and Cathedral Arts Project Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $37.1m against liabilities of $37.9m, net assets of -$801k.