Arts Academy Charter Middle School Foundation

Analysis

Arts Academy Charter Middle School Foundation is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arts Academy Charter Middle School Foundation reported income of $366k and spending of $622k, spending 170% of what it took in. Over the whole period it spent 173% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arts Academy Charter Middle School Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Charles Henry Leach II Fund for Duquesne University ($366k), Sigma Lambda Beta Education Foundation Inc ($366k) and Tauxemont Cooperative Preschool Inc ($365k).

At year end it held assets of $6.2m against liabilities of $6.5m, net assets of -$261k.