Archway Classical Academy - Glendale

Analysis

Archway Classical Academy - Glendale is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2015, 11 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, Archway Classical Academy - Glendale reported income of $6.3m and spending of $5.8m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $6.3m (+30%), an average of +6.8% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Archway Classical Academy - Glendale sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Gladstone Foundation ($6.3m), Ascend Leadership Academy Inc ($6.3m) and Appalachian College Association ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $112k (1.9% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $9.9m against liabilities of $7.3m, net assets of $2.5m.