The Academy at World Champions Centre

Analysis

The Academy at World Champions Centre is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in April 2016, 10 years ago. 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 December 2023, The Academy at World Champions Centre reported income of $259k and spending of $262k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $226k to $259k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Academy at World Champions Centre sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Fremont High School Band Booster Club ($259k), Catz Angels Care ($259k) and The North American Conference on British Studies Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $125k. At year end it held assets of $115k against liabilities of $27k, net assets of $87k.