Avant Garde Academy Inc

Analysis

Avant Garde Academy Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Avant Garde Academy Inc reported income of $6.4m and spending of $6.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.7m to $6.4m (-71%), an average of -26% a year. The sharpest change came in the year to June 2021, when income dropped by 76%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Avant Garde Academy Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Accrediting Bureau of Health Education Schools Inc ($6.4m), Baptist Church Loan Corporation ($6.4m) and Forefront Living ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $933k against liabilities of $524k, net assets of $409k.