Wyatt Academy

Analysis

Wyatt Academy is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2000, 26 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, Wyatt Academy reported income of $4.5m and spending of $3.8m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.5m to $4.5m (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wyatt Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Bridges Academy ($4.5m), The Gateway Academy Inc ($4.5m) and Online News Association ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $116k (3.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.0m against liabilities of $1.6m, net assets of $2.4m. It reported 51 employees.