Butterflies Academy

Analysis

Butterflies Academy is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in April 2016, 10 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, Butterflies Academy reported income of $679k and spending of $597k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $679k (+104%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Butterflies Academy sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Rock Solid High School ($678k), Alliance for Refugee Youth Support and Education ($679k) and Applied Life Ministries Inc ($678k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $199k (33% of expenses). Other salaries and wages came to $119k. At year end it held assets of $973k against liabilities of $472k, net assets of $501k. It reported 8 employees.