Great Accomplishments Academy Inc

Analysis

Great Accomplishments Academy Inc is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Great Accomplishments Academy Inc reported income of $555k and spending of $594k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $315k to $555k (+77%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Great Accomplishments Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Saint Florian Center Incorporated ($555k), Sisters Circle Inc ($556k) and Our House Inc ($555k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $182k (31% of expenses). Other salaries and wages came to $74k. It paid $2,324 in professional fundraising fees. At year end it held assets of $26k against liabilities of $0, net assets of $26k.