Digital Pioneers Academy Corporation
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
Where the income comes from
- Contributions & grants 28%
- Program services 72%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Henry Viscardi School | Albertson | $17.5m |
| Pennsylvania Academy of the Fine Arts | Philadelphia | $17.5m |
| University of the Southwest | Hobbs | $17.5m |
| Premier Charter School | Saint Louis | $17.5m |