Salahuddin Future Academy

Analysis

Salahuddin Future Academy is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in July 2021, 5 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 December 2023, Salahuddin Future Academy reported income of $1.7m and spending of $1.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $1.7m (+2679%), an average of +130% a year. The sharpest change came in the year to December 2022, when income rose by 259%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salahuddin Future Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Pequot Library Association ($1.7m), Cli Prison Alliance Inc ($1.7m) and Ambassador Christian Academy ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $707k. At year end it held assets of $3.2m against liabilities of $4,507, net assets of $3.2m. It reported 63 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.