Scholars Academy Sunnyslope

Analysis

Scholars Academy Sunnyslope is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 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 2023, Scholars Academy Sunnyslope reported income of $2.8m and spending of $2.6m, spending 92% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $357k to $2.8m (+691%), an average of +181% a year. The sharpest change came in the year to June 2022, when income rose by 435%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scholars Academy Sunnyslope sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Apt Foundation ($2.8m), Stepinac High School Foundation Inc ($2.8m) and San Jacinto Christian Academy ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (3.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.4m against liabilities of $3.4m, net assets of -$15k. It reported 36 employees.