Primer Academia de Abc Spanish Immersion Program Inc

Analysis

Primer Academia de Abc Spanish Immersion Program Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Primer Academia de Abc Spanish Immersion Program Inc reported income of $267k and spending of $284k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $219k to $267k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Primer Academia de Abc Spanish Immersion Program Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Simplar Foundation ($267k), Brandywine School of Early Learning Inc ($267k) and Jenny Lynn Elementary of Pennsylvania ($267k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $32k (11% of expenses). Other salaries and wages came to $93k. At year end it held assets of $21k against liabilities of $4,419, net assets of $17k. It reported 11 employees.