Academy at High Point

Analysis

Academy at High Point is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in December 2007, 19 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 2023, Academy at High Point reported income of $9.3m and spending of $8.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $9.3m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy at High Point 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 96th percentile within CO. Charities of a similar size with the same main cause include Alamo Colleges Foundation Inc ($9.3m), Advocates for Science and Mathematics Education Inc ($9.3m) and The Academies Charter Management Organization ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $133k (1.5% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $6.8m against liabilities of $11.1m, net assets of -$4.3m. It reported 109 employees.