Self Development Academy-Phoenix Inc

Analysis

Self Development Academy-Phoenix Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in November 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, Self Development Academy-Phoenix Inc reported income of $3.7m and spending of $3.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.7m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2020, when income rose by 33%. 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, Self Development Academy-Phoenix Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Florida State Alliance of Ymcas Foundation Inc ($3.6m), Maac Community Charter School ($3.7m) and Father McGivney Catholic High School ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $220k (7.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.8m against liabilities of $4.9m, net assets of $1.9m. It reported 104 employees.