Academia Antonia Alonso

Analysis

Academia Antonia Alonso is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in September 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, Academia Antonia Alonso reported income of $15.0m and spending of $15.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $15.0m (+74%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 22%. 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, Academia Antonia Alonso 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 97th percentile within DE. Charities of a similar size with the same main cause include D Arbonne Woods Charter School Inc ($15.0m), Latin American Montessori Bilingual Public Charter School ($15.0m) and Grace Christian University ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $406k (2.6% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $44.6m against liabilities of $53.0m, net assets of -$8.4m.

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.