Encompass Academy

Analysis

Encompass Academy is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 2014, 12 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, Encompass Academy reported income of $1.4m and spending of $1.4m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.4m (+19%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Encompass Academy sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NV. Charities of a similar size with the same main cause include Futures Inc ($1.4m), Chi Montessori Academy Inc ($1.4m) and Hbcu Green Fund ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $844k. At year end it held assets of $932k against liabilities of $1.7m, net assets of -$757k. It reported 20 employees.