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Educator Academy Inc

RegisteredEIN 47-5135488Kansas City, MOEducation and training
Income$9.5m2023-06
Spending$3.8msame year
Spent / received73%5-year average
Size in its cause93rd pctEducation and training
Exempt since2016Publicly supported organisat
Employees93latest return

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

$0$2.4m$4.7m$7.1m$9.5m2019 Income: $3,599,0052019 Spending: $3,487,54320192020 Income: $2,920,4612020 Spending: $2,907,92920202021 Income: $3,208,1872021 Spending: $2,821,38720212022 Income: $4,152,2672022 Spending: $3,981,35520222023 Income: $9,473,4122023 Spending: $3,810,7772023
IncomeSpending

Where the income comes from

  • Contributions & grants 93%
  • Program services 5.4%
  • Other 1.4%

Similar-sized charities, same cause

CharityLocationIncome
Wilson HallSumter$9.5m
Institute for the FuturePalo Alto$9.5m
Educational Theatre AssociationBlue Ash$9.5m
Veritas AcademyAustin$9.5m