Strive Collegiate Academy Inc

Analysis

Strive Collegiate Academy Inc is a registered charity in United States, based in Nashville, TN. 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, Strive Collegiate Academy Inc reported income of $5.5m and spending of $5.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $5.5m (+8.8%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Strive Collegiate Academy Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Kolby Academy ($5.5m), New Frontiers Public Schools Inc ($5.5m) and Propel Charter School - Pitcairn ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $134k (2.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $8.1m against liabilities of $4.4m, net assets of $3.6m. It reported 51 employees.