Lone Star Success Academy

Analysis

Lone Star Success Academy is a registered charity in United States, based in Granbury, TX. It received its IRS tax-exemption ruling in November 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 June 2024, Lone Star Success Academy reported income of $882k and spending of $1.1m, spending 126% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $839k to $882k (+5.2%), an average of +1.0% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lone Star Success Academy sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include University of South Carolina Beaufort Education Foundation ($882k), Agtech Innovation Alliance ($882k) and Legacy Academy for Jewish Education Incorporated ($882k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $397k. At year end it held assets of $175k against liabilities of $217k, net assets of -$42k.