Hmong American Peace Academy Ltd

Analysis

Hmong American Peace Academy Ltd is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 2005, 21 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, Hmong American Peace Academy Ltd reported income of $23.4m and spending of $18.1m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.4m to $23.4m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hmong American Peace Academy Ltd sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Brook Hill School Inc ($23.4m), New Designs Charter School ($23.4m) and The Education Center at the Watson Institute ($23.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $239k (1.3% of expenses). Other salaries and wages came to $8.1m. It paid $70k in professional fundraising fees. At year end it held assets of $67.8m against liabilities of $29.9m, net assets of $37.8m. It reported 224 employees.