All Star Academy Inc

Analysis

All Star Academy Inc is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, All Star Academy Inc reported income of $3.6m and spending of $3.3m, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.2m to $3.6m (+209%), an average of +76% a year. The sharpest change came in the year to December 2022, when income rose by 314%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, All Star Academy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Terra Marin School ($3.6m), Cincinnati State Technical and Community College Foundation ($3.6m) and Muslim Academy of Greater Orlando Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $80k (2.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.