Eagle Academy Public Charter School Inc

Analysis

Eagle Academy Public Charter School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2003, 23 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, Eagle Academy Public Charter School Inc reported income of $19.2m and spending of $20.6m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $23.0m to $19.2m (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eagle Academy Public Charter School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 93rd percentile within DC. Charities of a similar size with the same main cause include Excellence Community Schools Inc ($19.2m), Higher Ground Academy ($19.2m) and Hope Online Learning Academy Co-Op ($19.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $975k (4.7% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $32.5m against liabilities of $22.4m, net assets of $10.1m. It reported 204 employees.