Childrens Academy

Analysis

Childrens Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Childrens Academy reported income of $1.2m and spending of $988k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $667k to $1.2m (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Academy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Teeter Totter Village ($1.2m), Hardee County Ministerial Association Inc ($1.2m) and El Refugio Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $6,000 (0.6% of expenses). Other salaries and wages came to $499k. At year end it held assets of $641k against liabilities of $42k, net assets of $598k. It reported 43 employees.