Axis International Academy

Analysis

Axis International Academy is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in August 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 June 2023, Axis International Academy reported income of $3.0m and spending of $3.4m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $3.0m (+42%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Axis International Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Newton Services Foundation Inc ($3.0m), Palmetto Academy for Learning Motorsports Inc ($3.0m) and Women in Sports and Events Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $94k (2.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.7m against liabilities of $3.9m, net assets of -$1.3m. It reported 68 employees.