Simply the Best Academy Inc

Analysis

Simply the Best Academy Inc is a registered charity in United States, based in Lithonia, GA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Simply the Best Academy Inc reported income of $486k and spending of $0, leaving 100% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $157k to $486k (+211%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 274%. Over the whole period it spent 20% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simply the Best Academy Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Organic Oneness ($486k), Casaluz ($486k) and Spirit of Hope Inc ($486k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1,000 against liabilities of $0, net assets of $1,000.