Academy Northwest

Analysis

Academy Northwest is a registered charity in United States, based in Marysville, WA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Academy Northwest reported income of $279k and spending of $305k, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $225k to $279k (+24%), an average of +5.5% a year. The sharpest change came in the year to August 2020, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy Northwest sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Friends of Bocconi University Inc ($279k), Lee County PTO Thrift Shop Inc ($279k) and Yale Alumni Scholarship of Cleveland ($279k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $60k (20% of expenses). Other salaries and wages came to $101k. At year end it held assets of $356k against liabilities of $135k, net assets of $221k. It reported 10 employees.