Academy of Learning Inc

Analysis

Academy of Learning Inc is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Academy of Learning Inc reported income of $442k and spending of $505k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $376k to $442k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Academy of Learning Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AR. Charities of a similar size with the same main cause include Southern California Agricultural Land Foundation ($442k), Bethel Haven Inc ($442k) and Womens Support Center-Armenia ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $21k (4.2% of expenses). Other salaries and wages came to $215k. At year end it held assets of $219k against liabilities of $13k, net assets of $206k. It reported 9 employees.