Arma Dei Academy Inc

Analysis

Arma Dei Academy Inc is a registered charity in United States, based in HGHLNDS Ranch, CO. It received its IRS tax-exemption ruling in April 2014, 12 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, Arma Dei Academy Inc reported income of $7.9m and spending of $6.3m, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.1m to $7.9m (+155%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arma Dei Academy Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Rolesville Charter Academy Inc ($7.9m), The Breakthrough Collaborative Inc ($7.9m) and Belmont Academy Inc ($7.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $93k (1.5% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $28.1m against liabilities of $3.3m, net assets of $24.7m. It reported 99 employees.