Andrews Osborne Academy

Analysis

Andrews Osborne Academy is a registered charity in United States, based in Willoughby, OH. It received its IRS tax-exemption ruling in May 1937, 89 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, Andrews Osborne Academy reported income of $15.8m and spending of $14.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.7m to $15.8m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Andrews Osborne Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Golden Door Charter School a New Jersey Nonprofit Corporation ($15.8m), Briya Public Charter School ($15.9m) and Education Design Lab ($15.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $542k (3.7% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $15.0m against liabilities of $3.5m, net assets of $11.5m. It reported 211 employees.