Out-Of-Door Academy of Sarasota Inc

Analysis

Out-Of-Door Academy of Sarasota Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in January 1978, 48 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, Out-Of-Door Academy of Sarasota Inc reported income of $24.0m and spending of $27.2m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.0m to $24.0m (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Out-Of-Door Academy of Sarasota Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Christian Unified Schools of San Diego ($23.9m), Hillbrook School ($24.0m) and Saint Marys Hall Inc ($23.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $2.9m (11% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $70.2m against liabilities of $26.6m, net assets of $43.6m. It reported 280 employees.