Embers Academy
Analysis
Embers Academy is a registered charity in United States, based in Niles, IL. It received its IRS tax-exemption ruling in June 1997, 29 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, Embers Academy reported income of $2.3m and spending of $2.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.3m (+96%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Embers Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Bookmarks ($2.3m), Northwest Passage High School ($2.3m) and Intergenerational High School ($2.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $121k (5.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.9m against liabilities of $150k, net assets of $1.7m. It reported 60 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 76%
- Other 9.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bookmarks | Winston Salem | $2.3m |
| Northwest Passage High School | Coon Rapids | $2.3m |
| Intergenerational High School | Bellingham | $2.3m |
| Micanopy Area Cooperative School Inc | Micanopy | $2.3m |