Braveheart Academy Inc

Analysis

Braveheart Academy Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in November 2022, 4 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, Braveheart Academy Inc reported income of $205k and spending of $162k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $205k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Braveheart Academy Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Washington Association of Land Trusts ($205k), Joseph Sears School Parents Volunteer Association ($205k) and Spring Tri-Club Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $103k. At year end it held assets of $45k against liabilities of $2,305, net assets of $43k.