Delta Steam Academy

Analysis

Delta Steam Academy is a registered charity in United States, based in Lithia SPGS, GA. It received its IRS tax-exemption ruling in January 2020, 6 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 2024, Delta Steam Academy reported income of $5.3m and spending of $5.9m, spending 111% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $1.7m to $5.3m (+219%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delta Steam Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Organization of Ancillary Services of State University College Et Al ($5.3m), Buxton School Inc ($5.3m) and Gateway Global American Youth and Business Alliance Academies Inc ($5.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 81% of the total. At year end it held assets of $7.3m against liabilities of $6.3m, net assets of $1.0m. It reported 46 employees.