Advance Achiever Academy Inc

Analysis

Advance Achiever Academy Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advance Achiever Academy Inc reported income of $3.7m and spending of $3.4m, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.9m to $3.7m (+92%), an average of +14% a year. The sharpest change came in the year to December 2019, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advance Achiever Academy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include School for Ethics and Global Leadership ($3.7m), Arrowhead Library System ($3.7m) and Communications Network ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.2m against liabilities of $213k, net assets of $2.0m. It reported 38 employees.