Envision Science Academy

Analysis

Envision Science Academy is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in January 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, Envision Science Academy reported income of $7.6m and spending of $7.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $7.6m (+22%), an average of +5.0% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Envision Science Academy 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 NC. Charities of a similar size with the same main cause include University of Massachusetts Amherst Foundation Inc ($7.6m), Namaste Charter School Inc ($7.6m) and Youth Vision Solutions ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $11.7m against liabilities of $10.7m, net assets of $1.1m. It reported 121 employees.