West Park Academy Inc

Analysis

West Park Academy Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, West Park Academy Inc reported income of $4.3m and spending of $4.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $4.3m (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Park Academy Inc 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 91st percentile within OH. Charities of a similar size with the same main cause include Teaching American History ($4.3m), Fredonia College Foundation of State University of New York Inc ($4.3m) and Northstar International Academy Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1,250 (0.0% of expenses). At year end it held assets of $1.2m against liabilities of $2.5m, net assets of -$1.3m.