Collective Learning Academy Inc

Analysis

Collective Learning Academy Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 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 July 2024, Collective Learning Academy Inc reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 6 years on record, from December 2019 to July 2024, income grew from $465k to $1.2m (+161%), an average of +21% a year. The sharpest change came in the year to July 2023, when income rose by 199%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collective Learning Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Uf Historic St Augustine Inc ($1.2m), Beauty Changes Lives ($1.2m) and SMFB Foundation ($1.2m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $147k (13% of expenses). Other salaries and wages came to $462k. At year end it held assets of $403k against liabilities of -$780, net assets of $403k. It reported 12 employees.