Treasure Coast Classical Academy Inc

Analysis

Treasure Coast Classical Academy Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in July 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, Treasure Coast Classical Academy Inc reported income of $12.4m and spending of $11.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $136k to $12.4m (+9072%), an average of +210% a year. The sharpest change came in the year to June 2020, when income rose by 3961%. 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, Treasure Coast Classical Academy Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Oregonians for Online Education Inc ($12.4m), Paine College ($12.5m) and Charter School of the Dunes Inc ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $20.4m against liabilities of $20.1m, net assets of $269k. It reported 202 employees.