Aristoi Classical Academy Inc

Analysis

Aristoi Classical Academy Inc is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in October 1996, 30 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 August 2023, Aristoi Classical Academy Inc reported income of $14.6m and spending of $14.8m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $8.8m to $14.6m (+67%), an average of +14% a year. The sharpest change came in the year to August 2021, when income rose by 34%. 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, Aristoi Classical Academy Inc 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 Central Christian College of Kansas ($14.6m), Russell Byers Charter School ($14.6m) and Veritas Classical Christian School ($14.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Other salaries and wages came to $9.0m. At year end it held assets of $20.0m against liabilities of $12.9m, net assets of $7.1m. It reported 260 employees.