Alternative Academic Achievement Academy

Analysis

Alternative Academic Achievement Academy is a registered charity in United States, based in Blue Island, IL. It received its IRS tax-exemption ruling in May 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, Alternative Academic Achievement Academy reported income of $3.0m and spending of $2.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $3.0m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alternative Academic Achievement Academy 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 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Excellent Schools New Mexico ($3.0m), Yeshiva Kol Torah Inc ($3.0m) and Milwaukie Academy of the Arts ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 79% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $411k against liabilities of $70k, net assets of $341k. It reported 50 employees.