Hidden Treasures Academy Inc

Analysis

Hidden Treasures Academy Inc is a registered charity in United States, based in Jefferson Cty, TN. It received its IRS tax-exemption ruling in January 2024, 2 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 December 2021, Hidden Treasures Academy Inc reported income of $81k and spending of $74k, spending 92% of its income. Across the 2 years on record, from December 2020 to December 2021, income fell from $165k to $81k (-51%), an average of -51% a year. The sharpest change came in the year to December 2021, when income dropped by 51%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hidden Treasures Academy Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Tennessee World Affairs Council ($81k), Life Fund Inc ($81k) and Parent Booster USA Inc ($81k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.