Berkley Accelerated Middle School Inc
Analysis
Berkley Accelerated Middle School Inc is a registered charity in United States, based in Auburndale, FL. It received its IRS tax-exemption ruling in December 2004, 22 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, Berkley Accelerated Middle School Inc reported income of $5.7m and spending of $5.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.7m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Berkley Accelerated Middle School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Waldorf Educational Association of NC Inc ($5.7m), Fiu Athletics Finance Corporation ($5.7m) and Berkshire Hills Music Academy Inc ($5.7m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $6.3m against liabilities of $8.3m, net assets of -$2.0m. It reported 59 employees.
Income and spending
Where the income comes from
- Program services 98%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Waldorf Educational Association of NC Inc | Chapel Hill | $5.7m |
| Fiu Athletics Finance Corporation | Miami | $5.7m |
| Berkshire Hills Music Academy Inc | South Hadley | $5.7m |
| Community School of Cleburne County | Heber Springs | $5.7m |