Darrell L Hines Academy Inc
Analysis
Darrell L Hines Academy Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 2000, 26 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, Darrell L Hines Academy Inc reported income of $3.1m and spending of $3.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.1m (+8.3%), an average of +2.0% a year. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Darrell L Hines Academy Inc 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 90th percentile within WI. Charities of a similar size with the same main cause include Innovate Academy & Preparatory School Corp ($3.1m), Association of Energy Services Professionals ($3.1m) and Yeshivah Beth Israel Tifereth Menachem Foundation ($3.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $348k (12% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.5m against liabilities of $1.6m, net assets of $1.9m. It reported 54 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.0%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Innovate Academy & Preparatory School Corp | Eagle | $3.1m |
| Association of Energy Services Professionals | Oviedo | $3.1m |
| Yeshivah Beth Israel Tifereth Menachem Foundation | Brooklyn | $3.1m |
| Little Free Library Ltd | Saint Paul | $3.1m |