Accelerated Schools

Analysis

Accelerated Schools is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1982, 44 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 2023, Accelerated Schools reported income of $823k and spending of $994k, spending 121% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $1.2m to $823k (-29%), an average of -11% a year. The sharpest change came in the year to July 2022, when income dropped by 51%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accelerated Schools sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include First-In Training and Education ($823k), American Indian Chamber Education Fund ($823k) and Ashira Program Inc ($822k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.4% and program service revenue 73% of the total. Other salaries and wages came to $561k. At year end it held assets of $3.1m against liabilities of $400k, net assets of $2.7m. It reported 17 employees.