Success Gateway Academy Ltd

Analysis

Success Gateway Academy Ltd is a registered charity in United States, based in Kennesaw, GA. 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, Success Gateway Academy Ltd reported income of $116k and spending of $131k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $102k to $116k (+14%), an average of +14% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Success Gateway Academy Ltd sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Qalam Ar-Rahmah Inc ($116k), Illinois Congress of Parents Teachers ($116k) and Cres Pfa ($116k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $3,377 against liabilities of $36k, net assets of -$33k.