Washington International Academy Inc

Analysis

Washington International Academy Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 2016, 10 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 2024, Washington International Academy Inc reported income of $1.5m and spending of $1.7m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.5m (+22%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington International Academy Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Alexander Twilight Academy ($1.5m), Uboratz Inc ($1.5m) and Recovery Program Solutions of Virginia Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $23k. At year end it held assets of $23k against liabilities of $332k, net assets of -$308k. It reported 43 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.