Excellerated Teaching Academy Inc

Analysis

Excellerated Teaching Academy Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2022, Excellerated Teaching Academy Inc reported income of $256k and spending of $325k, spending 127% of what it took in. Across the 2 years on record, from December 2020 to December 2022, income fell from $275k to $256k (-6.6%), an average of -6.6% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excellerated Teaching Academy Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Bellevue Home Scho0l Enrichment ($256k), Read Association of Saginaw County ($256k) and Jersey Shore Free School Inc ($256k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $90k (28% of expenses). Other salaries and wages came to $166k. At year end it held assets of $116k against liabilities of $62k, net assets of $54k. It reported 4 employees.