Iperc Academy

Analysis

Iperc Academy is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Iperc Academy reported income of $4.7m and spending of $4.7m, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.3m to $4.7m (+107%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 47%. 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, Iperc Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Shepard School Inc ($4.7m), Soldier Hollow Charter School ($4.7m) and Sunshine High School - Orlando Campus Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $200k. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of $59k. It reported 5 employees.