Avalon Academy Inc

Analysis

Avalon Academy Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2020, 6 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, Avalon Academy Inc reported income of $1.7m and spending of $1.5m, spending 85% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $1.7m (+2.5%), an average of +0.5% 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 66,972 United States charities whose main cause is education and training and that reported income, Avalon Academy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Core Powered by the Rogers Foundation ($1.7m), Donum Dei Classical Academy ($1.7m) and Liberty Learning Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $71k (4.8% of expenses). Other salaries and wages came to $920k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 30 employees.