Tindley Accelerated Schools Inc

Analysis

Tindley Accelerated Schools Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2002, 24 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, Tindley Accelerated Schools Inc reported income of $16.5m and spending of $16.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.4m to $16.5m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tindley Accelerated Schools Inc 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 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Redwood Day School ($16.5m), St Hope Public Schools ($16.5m) and Lake Oconee Academy Inc ($16.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $345k (2.1% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $17.3m against liabilities of $19.0m, net assets of -$1.7m. It reported 191 employees.