Hirsch Academy a Challenge Foundation Academy Inc

Analysis

Hirsch Academy a Challenge Foundation Academy Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in August 2013, 13 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, Hirsch Academy a Challenge Foundation Academy Inc reported income of $2.3m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.3m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hirsch Academy a Challenge Foundation Academy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Myers Prouty Childrens Campuses Inc ($2.3m), St Lillian Academy ($2.3m) and Mission Valley Christian Academy Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $92k (3.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $397k, net assets of $810k. It reported 36 employees.