Plaza Academy

Analysis

Plaza Academy is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 1978, 48 years ago. 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 July 2024, Plaza Academy reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $894k to $1.3m (+49%), an average of +8.3% a year. The sharpest change came in the year to July 2022, when income rose by 21%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plaza Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Northwest Christian School Assoc ($1.3m), Cook Inlet Academy ($1.3m) and Connection Training Services ($1.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $200k (16% of expenses). Other salaries and wages came to $646k. At year end it held assets of $1.7m against liabilities of $3,377, net assets of $1.7m. It reported 9 employees.