Archway Classical Academy South Gilbert

Analysis

Archway Classical Academy South Gilbert is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2016, 10 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, Archway Classical Academy South Gilbert reported income of $8.1m and spending of $7.4m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $8.1m (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Archway Classical Academy South Gilbert sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Berkley Charter School Inc ($8.1m), Holy Family Ministries ($8.1m) and Lehigh Valley Dual Language Charter School ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $136k (1.8% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $13.2m against liabilities of $11.2m, net assets of $1.9m.