Advantage Academy Inc

Analysis

Advantage Academy Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advantage Academy Inc reported income of $350k and spending of $339k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $210k to $350k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Advantage Academy Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within AR. Charities of a similar size with the same main cause include Aberdeen Youth Soccer Association ($350k), Pridefest ($350k) and Deptford Soccer Association ($350k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $124k (37% of expenses). At year end it held assets of $20k against liabilities of $430, net assets of $20k. It reported 2 employees.