Alturas International Academy Inc
Analysis
Alturas International Academy Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in April 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 2024, Alturas International Academy Inc reported income of $5.3m and spending of $4.9m, spending 92% of its income. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Alturas International Academy Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include BRCC Facilities Corporation ($5.3m), Hobgood Academy Charter School Inc ($5.3m) and Girls Athletic Leadership School of Denver ($5.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $205k (4.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $11.2m against liabilities of $10.2m, net assets of $1.1m. It reported 92 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| BRCC Facilities Corporation | Baton Rouge | $5.3m |
| Hobgood Academy Charter School Inc | Hobgood | $5.3m |
| Girls Athletic Leadership School of Denver | Denver | $5.3m |
| Bountiful Community Food Pantry | Bountiful | $5.3m |