Focus Academy Inc

Analysis

Focus Academy Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in March 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 2023, Focus Academy Inc reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $2.7m (+29%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Focus Academy Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Schoolcraft College Foundation ($2.7m), National Institute for Direct Instruction ($2.7m) and Franklinton Prep High School ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $817k against liabilities of $123k, net assets of $694k. It reported 54 employees.