Comquest Academy

Analysis

Comquest Academy is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in June 1999, 27 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, Comquest Academy reported income of $681k and spending of $624k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $861k to $681k (-21%), an average of -5.7% a year. The sharpest change came in the year to August 2022, when income dropped by 19%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Comquest Academy sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Wylie Isd Education Foundation Inc ($681k), Brown County Christian Academy ($681k) and Communities in Schools Puyallup ($681k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $106k (17% of expenses). Other salaries and wages came to $306k. At year end it held assets of $800k against liabilities of $726k, net assets of $74k. It reported 11 employees.