East Range Academy of Technology & Science

Analysis

East Range Academy of Technology & Science is a registered charity in United States, based in Mountain Iron, MN. It received its IRS tax-exemption ruling in May 2010, 16 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, East Range Academy of Technology & Science reported income of $2.6m and spending of $2.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $2.6m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Range Academy of Technology & Science sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include North of Boston Library Exchange Inc ($2.6m), Community School Inc ($2.6m) and Leadership Academy of Nevada ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $147k (5.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $2.1m, net assets of $27k. It reported 46 employees.