Hope Academy for Dyslexia

Analysis

Hope Academy for Dyslexia is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Academy for Dyslexia reported income of $148k and spending of $162k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $159k to $148k (-7.0%), an average of -3.6% a year. 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, Hope Academy for Dyslexia sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include School District of Green Ridge Education Foundation Inc ($148k), Mayapple School ($148k) and Build Forward Foundation ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 62% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.