East Link Academy

Analysis

East Link Academy is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in April 2018, 8 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, East Link Academy reported income of $2.7m and spending of $2.5m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.7m (+120%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 38%. 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, East Link Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Real Options for City Kids ($2.7m), Ke Ali I Pauahi Foundation ($2.7m) and Maine Arts Academy ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.4% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $663k against liabilities of $163k, net assets of $500k. It reported 34 employees.