Fba Academy

Analysis

Fba Academy is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Fba Academy reported income of $499k and spending of $468k, spending 94% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $257k to $499k (+94%), an average of +25% a year. The sharpest change came in the year to August 2023, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fba Academy sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Thinkgive Inc ($499k), Young Excellence Society Inc ($499k) and Ivy Child International Inc ($498k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $108k (23% of expenses). At year end it held assets of $125k against liabilities of $1,819, net assets of $124k. It reported 1 employees.