Creative Learning Academy of Pensacola Inc

Analysis

Creative Learning Academy of Pensacola Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in February 1973, 53 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, Creative Learning Academy of Pensacola Inc reported income of $3.8m and spending of $2.8m, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $3.8m (+37%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Learning Academy of Pensacola Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include New Day Charter School ($3.8m), Cape Fear Community College Foundation Inc ($3.8m) and Chicago State Foundation ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $216k (7.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.8m against liabilities of $2.4m, net assets of $1.4m. It reported 70 employees.