Queen of Heaven Academy

Analysis

Queen of Heaven Academy is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in December 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 2022, Queen of Heaven Academy reported income of $1.0m and spending of $0, leaving 100% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.0m to $1.0m (+0.9%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 101368900%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Queen of Heaven Academy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Potomac River Clinic ($1.0m), Louisiana School of Math Science and the Arts Foundation Inc ($1.0m) and Meeting House Nursery School Inc ($1.0m).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 38 employees.