Academy for Academic Excellence

Analysis

Academy for Academic Excellence is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in April 1998, 28 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 2024, Academy for Academic Excellence reported income of $181k and spending of $134k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $181k to $181k (+0.2%), an average of +0.0% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy for Academic Excellence sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Anderson Five Education Foundation ($181k), Stephen Bufton Memorial Educational Fund ($181k) and Pasadena Altadena Community Endowment Fund ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Other salaries and wages came to $77k. At year end it held assets of $122k against liabilities of -$89, net assets of $122k. It reported 4 employees.