The Huda Academy

Analysis

The Huda Academy is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in June 2017, 9 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, The Huda Academy reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Huda Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Read and Write Kalamazoo ($1.6m), Freedom House Inc ($1.6m) and Providence Public Library Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 72% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $1.8m against liabilities of $60k, net assets of $1.8m. It reported 35 employees.