TKG Academy Inc

Analysis

TKG Academy Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2003, 23 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, TKG Academy Inc reported income of $216k and spending of $216k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $216k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TKG Academy Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Arc Foundation of Warren County Inc ($216k), Sunshine School Inc ($216k) and Jungian Psychoanalytic Association ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $145k. At year end it held assets of $261k against liabilities of $0, net assets of $261k. It reported 6 employees.