Great Academy Foundation Inc

Analysis

Great Academy Foundation Inc is a registered charity in United States, based in Albuquerque, NM. 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Great Academy Foundation Inc reported income of $292k and spending of $162k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $270k to $292k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Academy Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NM. Charities of a similar size with the same main cause include Lawrenceburg Schools Endowment Corporation ($292k), Hhn2l Inc ($292k) and North Jersey Talmud Torah Inc ($292k).

At year end it held assets of $1.4m against liabilities of $1.6m, net assets of -$177k.