Akibayavneh Academy

Analysis

Akibayavneh Academy is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1995, 31 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 2023, Akibayavneh Academy reported income of $13.6m and spending of $15.2m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $13.6m (+220%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 198%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Akibayavneh Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Trinity Schools Inc ($13.6m), Seagull Schools Inc ($13.6m) and Opportunity 180 ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Other salaries and wages came to $8.0m. At year end it held assets of $11.3m against liabilities of $3.1m, net assets of $8.2m. It reported 192 employees.