Epic Academy

Analysis

Epic Academy is a registered charity in United States, based in Middleville, MI. It received its IRS tax-exemption ruling in July 2020, 6 years ago. 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 July 2023, Epic Academy reported income of $255k and spending of $239k, spending 94% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $225k to $255k (+13%), an average of +14% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Epic Academy sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include H O P E Inc ($255k), Halfway There Rescue ($255k) and Cheyenne Kiwanis Club Foundation ($255k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.7% and program service revenue 92% of the total. Other salaries and wages came to $181k. At year end it held assets of $61k against liabilities of $13k, net assets of $48k.