Armor Academy

Analysis

Armor Academy is a registered charity in United States, based in Kountze, TX. It received its IRS tax-exemption ruling in September 2021, 5 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, Armor Academy reported income of $87k and spending of $92k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $87k (-1.0%), an average of -1.0% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Armor Academy sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Magnolia Elementary PTA 6 15 2 ($87k), United States Earth Science Organization Inc ($87k) and 1926 Foundation ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $25k against liabilities of $1,808, net assets of $23k.