Academy Project

Analysis

Academy Project is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2015, 11 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 June 2024, Academy Project reported income of $222k and spending of $85k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income grew from $26k to $222k (+745%), an average of +70% a year. The sharpest change came in the year to June 2024, when income rose by 278%. Over the whole period it spent 53% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Academy Project sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Wildcat Allsports Booster Club ($222k), Women of the Dream ($222k) and Flight Foundation ($221k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $25k (29% of expenses). At year end it held assets of $136k against liabilities of $0, net assets of $136k.