Executive Education Academy Charter School

Analysis

Executive Education Academy Charter School is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in February 2016, 10 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, Executive Education Academy Charter School reported income of $25.8m and spending of $22.2m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.5m to $25.8m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Executive Education Academy Charter School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Phillips Programs ($25.8m), Capstone Classical Academy ($25.8m) and Mundo Verde Bilingual Public Charter School ($25.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Other salaries and wages came to $10.5m. At year end it held assets of $64.9m against liabilities of $56.8m, net assets of $8.1m. It reported 190 employees.