Chesterton Academy of Albuquerque

Analysis

Chesterton Academy of Albuquerque is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 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 December 2022, Chesterton Academy of Albuquerque reported income of $288k and spending of $292k, spending 101% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $81k to $288k (+255%), an average of +88% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chesterton Academy of Albuquerque sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NM. Charities of a similar size with the same main cause include Appa-Association of Higher Education Facilities Officers ($288k), Pre-Scientist Inc ($289k) and Chambersburg Area School District Foundation ($288k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 16% and program service revenue 66% of the total. Other salaries and wages came to $193k. At year end it held assets of $22k against liabilities of $6,793, net assets of $15k. It reported 6 employees.