Nur Academy Inc

Analysis

Nur Academy Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 2016, 10 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 June 2023, Nur Academy Inc reported income of $300k and spending of $270k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $260k to $300k (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 35%. 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, Nur Academy Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Noticeability Inc ($300k), Buffalo Council Inc ($300k) and Partners Library Action Network ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $214k. At year end it held assets of $268k against liabilities of $0, net assets of $268k. It reported 14 employees.