Equipo Academy

Analysis

Equipo Academy is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in January 2018, 8 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, Equipo Academy reported income of $8.9m and spending of $10.8m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $8.9m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Equipo Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NV. Charities of a similar size with the same main cause include Cowboy Joe Club Inc ($8.8m), Ceiba Public Schools ($8.9m) and Burke Mountain Academy Inc ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $16.6m against liabilities of $20.2m, net assets of -$3.6m. It reported 105 employees.