Invictus Academy Tampa Bay Inc

Analysis

Invictus Academy Tampa Bay Inc is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Invictus Academy Tampa Bay Inc reported income of $1.2m and spending of $835k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to July 2023, income grew from $1.0m to $1.2m (+16%), an average of +3.7% a year. The sharpest change came in the year to July 2022, when income rose by 181%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Invictus Academy Tampa Bay Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Independant School Data Exchange Inc ($1.2m), Collaboratory School Inc ($1.2m) and Dorchester County Public Library ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $581k. At year end it held assets of $760k against liabilities of $27k, net assets of $733k. It reported 39 employees.