Streetcode Academy

Analysis

Streetcode Academy is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in January 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Streetcode Academy reported income of $3.2m and spending of $3.4m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $3.2m (+145%), an average of +25% a year. The sharpest change came in the year to September 2020, when income rose by 157%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Streetcode Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Easter Seals Rhode Island Inc ($3.2m), After-School All-Stars Ohio ($3.2m) and A P Ranch Inc ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $185k (5.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.1m against liabilities of $166k, net assets of $983k. It reported 48 employees.