Davinci Academy Abc

Analysis

Davinci Academy Abc is a registered charity in United States, based in Ham Lake, MN. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Davinci Academy Abc reported income of $1.8m and spending of $1.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.8m (+26%), an average of +5.9% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Davinci Academy Abc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Youngstown Preparatory Academy ($1.8m), Brookview School a Montessori Community House of Children ($1.8m) and Pima Jted Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $22.7m against liabilities of $25.3m, net assets of -$2.6m.