Expectations Academy

Analysis

Expectations Academy is a registered charity in United States, based in Wildomar, CA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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, Expectations Academy reported income of $123k and spending of $123k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $123k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Expectations Academy sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Marathon County Public Library Foundation Inc ($123k), Rock Springs Fire Department 1 ($123k) and Little League Baseball Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $100 against liabilities of $0, net assets of $100.