Three Hierarchs Academy Inc

Analysis

Three Hierarchs Academy Inc is a registered charity in United States, based in Florence, AZ. It received its IRS tax-exemption ruling in June 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 July 2023, Three Hierarchs Academy Inc reported income of $543k and spending of $556k, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $401k to $543k (+35%), an average of +7.9% a year. The sharpest change came in the year to July 2022, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Three Hierarchs Academy Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Ft Caroline Baptist Academy Inc ($543k), Corbit Calloway Memorial Library ($543k) and Public Narrative ($543k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Other salaries and wages came to $331k. At year end it held assets of $1.2m against liabilities of $670k, net assets of $490k. It reported 15 employees.