Educator Academy Inc
Analysis
Educator Academy Inc is a registered charity in United States, based in Kansas City, MO. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Educator Academy Inc reported income of $9.5m and spending of $3.8m, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $9.5m (+163%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 128%. Over the whole period it spent 73% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Educator Academy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Wilson Hall ($9.5m), Institute for the Future ($9.5m) and Educational Theatre Association ($9.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $142k (3.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $8.0m against liabilities of $569k, net assets of $7.4m. It reported 93 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 5.4%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wilson Hall | Sumter | $9.5m |
| Institute for the Future | Palo Alto | $9.5m |
| Educational Theatre Association | Blue Ash | $9.5m |
| Veritas Academy | Austin | $9.5m |