Academy 360
Analysis
Academy 360 is a registered charity in United States, based in Denver, CO. 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, Academy 360 reported income of $4.1m and spending of $4.0m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.3m to $4.1m (+79%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Academy 360 sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Newgate Education & Research Center Inc ($4.1m), Bridgeway Foundation for Education Inc ($4.2m) and Harnett County Partnership for Children Inc ($4.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $3.0m against liabilities of $2.2m, net assets of $820k. It reported 55 employees.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 57%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Newgate Education & Research Center Inc | Minneapolis | $4.1m |
| Bridgeway Foundation for Education Inc | Johns Creek | $4.2m |
| Harnett County Partnership for Children Inc | Lillington | $4.1m |
| Democratic Schools Research Inc | Bryan | $4.2m |