Childrens Academy at Loch Haven Inc

Analysis

Childrens Academy at Loch Haven Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Childrens Academy at Loch Haven Inc reported income of $1.9m and spending of $2.5m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.9m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Academy at Loch Haven Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Wrec Educational Foundation Inc ($1.9m), Howard School ($1.9m) and Fenway Library Organization Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $111k (4.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.7m against liabilities of $32k, net assets of $1.7m. It reported 65 employees.