Excel Academy LLC

Analysis

Excel Academy LLC is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in July 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 2023, Excel Academy LLC reported income of $375k and spending of $400k, spending 107% of what it took in. Across the 4 years on record, from October 2020 to June 2023, income fell from $471k to $375k (-20%), an average of -7.3% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excel Academy LLC sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within WY. Charities of a similar size with the same main cause include Bacot Academy Inc ($375k), Kidz R US Too ($375k) and Cornerstone Christian Academy ($375k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $79k (20% of expenses). Other salaries and wages came to $168k. At year end it held assets of $611k against liabilities of $480k, net assets of $131k. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.