Athlos Academy of Utah

Analysis

Athlos Academy of Utah is a registered charity in United States, based in Herriman, UT. It received its IRS tax-exemption ruling in February 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, Athlos Academy of Utah reported income of $5.3m and spending of $6.2m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.9m to $5.3m (-23%), an average of -6.4% a year. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athlos Academy of Utah 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 92nd percentile within UT. Charities of a similar size with the same main cause include North Carolina Education Corps ($5.3m), Philadelphia College of Osteopathic Medicine Foundation ($5.3m) and Harbor Country Day School ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.9% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $17.2m against liabilities of $22.7m, net assets of -$5.4m. It reported 133 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.