Cordoba Academy

Analysis

Cordoba Academy is a registered charity in United States, based in Lynnwood, WA. 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 December 2023, Cordoba Academy reported income of $453k and spending of $396k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $748k to $453k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cordoba Academy sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Monroe County Christian School ($453k), Kountry Kids Child Care ($453k) and Hispanic Heritage Scholarship Fund of Metro Orlando Inc ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 50% of the total. Other salaries and wages came to $188k. At year end it held assets of $690k against liabilities of $9,997, net assets of $680k. It reported 19 employees.