The Academy at True Sanctuary of Praise Inc

Analysis

The Academy at True Sanctuary of Praise Inc is a registered charity in United States, based in Riverview, FL. It received its IRS tax-exemption ruling in May 2026. Its declared purposes cover religion-related, which this site groups under religion. 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 2021, The Academy at True Sanctuary of Praise Inc reported income of $615k and spending of $499k, spending 81% of its income. Across the 4 years on record, from June 2018 to June 2021, income grew from $175k to $615k (+251%), an average of +52% a year. The sharpest change came in the year to June 2019, when income rose by 147%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Academy at True Sanctuary of Praise Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Center for Church Based Training ($615k), Exponent Group Inc ($615k) and Emmanuel Housing Center ($615k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $84k (17% of expenses). Other salaries and wages came to $215k. At year end it held assets of $166k against liabilities of $0, net assets of $166k.