Doral Academy of Idaho Inc

Analysis

Doral Academy of Idaho Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in March 2020, 6 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, Doral Academy of Idaho Inc reported income of $3.1m and spending of $3.1m, spending 99% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $1.4m to $3.1m (+126%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Doral Academy of Idaho Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within ID. Charities of a similar size with the same main cause include Arborbrook Christian Academy ($3.1m), Altoona School Inc ($3.1m) and American Redistricting Project ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $110k (3.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.2m against liabilities of $9.8m, net assets of -$1.6m. It reported 54 employees.