Athlos Academy of St Cloud

Analysis

Athlos Academy of St Cloud is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in August 2016, 10 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, Athlos Academy of St Cloud reported income of $8.5m and spending of $8.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $8.5m (+7.1%), an average of +1.7% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athlos Academy of St Cloud sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Matthews Charter Academy ($8.5m), Drexel Funds ($8.5m) and Children at Heart Foundation ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $170k (2.1% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $3.3m against liabilities of $6.2m, net assets of -$2.9m. It reported 131 employees.