Archway Classical Academy Mesa

Analysis

Archway Classical Academy Mesa is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2015, 11 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, Archway Classical Academy Mesa reported income of $6.1m and spending of $5.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $6.1m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Archway Classical Academy Mesa sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Study Group Solutions Inc ($6.1m), The Creekside School ($6.1m) and The Northern Michigan University Foundation ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $128k (2.2% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $10.5m against liabilities of $8.5m, net assets of $2.0m.