Black Swan Academy Inc

Analysis

Black Swan Academy Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Black Swan Academy Inc reported income of $1.3m and spending of $1.5m, spending 116% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $665k to $1.3m (+91%), an average of +18% a year. The sharpest change came in the year to July 2021, when income rose by 80%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Black Swan Academy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include South Carolina Youth Shooting Foundation ($1.3m), Youth Development Project Corporation ($1.3m) and Boys & Girls Clubs of LA Porte County Inc ($1.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Other salaries and wages came to $666k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 22 employees.