Colorado International Language Academy

Analysis

Colorado International Language Academy is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in October 2019, 7 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, Colorado International Language Academy reported income of $4.2m and spending of $3.4m, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.0m to $4.2m (+6.1%), an average of +1.2% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado International Language Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Joan Macy School ($4.2m), Hope Center for Autism Inc ($4.2m) and National Summer Learning Assoc Inc ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.8% and program service revenue 88% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $4.9m against liabilities of $6.1m, net assets of -$1.2m. It reported 61 employees.