Eastbrook Academy Inc

Analysis

Eastbrook Academy Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1999, 27 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, Eastbrook Academy Inc reported income of $5.1m and spending of $4.5m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $5.1m (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastbrook Academy Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Literacy Inc ($5.1m), Techbridge Girls ($5.1m) and Aspen Waldorf Foundation ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $264k (5.9% of expenses). Other salaries and wages came to $2.0m. It paid $136k in professional fundraising fees. At year end it held assets of $4.7m against liabilities of $1.0m, net assets of $3.7m. It reported 83 employees.