Bricolage Academy

Analysis

Bricolage Academy is a registered charity in United States, based in New Orleans, LA. 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, Bricolage Academy reported income of $14.5m and spending of $14.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $14.5m (+99%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bricolage Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Legacy Traditional School- Northwest Tucson Inc ($14.5m), Every Car Can ($14.5m) and Chicago Education Partnership ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $759k (5.3% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $3.4m against liabilities of $1.3m, net assets of $2.2m. It reported 184 employees.