CheckMyDonation

Digital Pioneers Academy Corporation

RegisteredEIN 81-5111613Washington, DCEducation and training
Income$17.5m2023-06
Spending$16.5msame year
Spent / received95%5-year average
Size in its cause96th pctEducation and training
Exempt since2018School
Employees105latest return

Analysis

Digital Pioneers Academy Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 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, Digital Pioneers Academy Corporation reported income of $17.5m and spending of $16.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $17.5m (+353%), an average of +46% a year. The sharpest change came in the year to June 2020, when income rose by 70%. 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, Digital Pioneers Academy Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include Henry Viscardi School ($17.5m), Pennsylvania Academy of the Fine Arts ($17.5m) and University of the Southwest ($17.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $251k (1.5% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $15.4m against liabilities of $12.0m, net assets of $3.4m. It reported 105 employees.

Income and spending

$0$4.4m$8.8m$13.1m$17.5m2019 Income: $3,865,2402019 Spending: $4,277,10620192020 Income: $6,570,7192020 Spending: $6,510,46320202021 Income: $10,038,9412021 Spending: $8,370,36920212022 Income: $14,262,2452022 Spending: $13,926,29020222023 Income: $17,522,7052023 Spending: $16,499,9622023
IncomeSpending

Where the income comes from

  • Contributions & grants 28%
  • Program services 72%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Henry Viscardi SchoolAlbertson$17.5m
Pennsylvania Academy of the Fine ArtsPhiladelphia$17.5m
University of the SouthwestHobbs$17.5m
Premier Charter SchoolSaint Louis$17.5m