Exalt Academy of Southwest Little Rock

Analysis

Exalt Academy of Southwest Little Rock is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in June 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 2024, Exalt Academy of Southwest Little Rock reported income of $10.1m and spending of $10.2m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.7m to $10.1m (+171%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 30%. 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, Exalt Academy of Southwest Little Rock sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include University High School of Indiana Inc ($10.1m), Cherry Hills Christian School ($10.1m) and Salvaging Teens at Risk Inc ($10.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 106 employees.