10-10 Academy

Analysis

10-10 Academy is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, 10-10 Academy reported income of $199k and spending of $262k, spending 131% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $219k to $199k (-9.0%), an average of -4.6% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 10-10 Academy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Connection Fund Realty Inc ($199k), Photo Start ($199k) and West Seven Youth Club ($199k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $55k (21% of expenses). Other salaries and wages came to $74k. At year end it held assets of $84k against liabilities of $1,111, net assets of $83k.