Angelus Academy

Analysis

Angelus Academy is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in August 2000, 26 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, Angelus Academy reported income of $1.5m and spending of $1.7m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $994k to $1.5m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angelus Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($1.5m), Excelsior Charter of Broward Inc ($1.5m) and Naudain Academy Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $211k (13% of expenses). Other salaries and wages came to $723k. At year end it held assets of $3.7m against liabilities of $3.0m, net assets of $713k. It reported 34 employees.