Alee Academy Inc

Analysis

Alee Academy Inc is a registered charity in United States, based in Eustis, FL. It received its IRS tax-exemption ruling in November 1999, 27 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, Alee Academy Inc reported income of $1.5m and spending of $1.6m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.5m (-0.3%), an average of -0.1% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alee Academy Inc 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 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Seacoast Christian School ($1.5m), Trinity College of the Bible ($1.5m) and Mentor Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $82k (5.2% of expenses). Other salaries and wages came to $911k. At year end it held assets of $1.2m against liabilities of $108k, net assets of $1.0m. It reported 35 employees.