NW Bilingual Academy LLC

Analysis

NW Bilingual Academy LLC is a registered charity in United States, based in Vega Alta, PR. It received its IRS tax-exemption ruling in June 2022, 4 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 December 2023, NW Bilingual Academy LLC reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.0m to $1.3m (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NW Bilingual Academy LLC sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 76th percentile within PR. Charities of a similar size with the same main cause include Allegro Foundation ($1.3m), Del Ray Montessori School ($1.3m) and Perfect Schooling Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $823k. At year end it held assets of $1.0m against liabilities of $1.1m, net assets of -$68k. It reported 62 employees.