No Limits Academy Inc

Analysis

No Limits Academy Inc is a registered charity in United States, based in Cape May, NJ. It received its IRS tax-exemption ruling in September 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, No Limits Academy Inc reported income of $436k and spending of $462k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $142k to $436k (+206%), an average of +75% a year. The sharpest change came in the year to December 2022, when income rose by 146%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, No Limits Academy Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Sonoma County Premier Soccer ($436k), Boys and Girls Club of the Hi- Desert ($436k) and BGC Philly Pacesetters Inc ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $104k (23% of expenses). Other salaries and wages came to $19k. At year end it held assets of $64k against liabilities of $21k, net assets of $43k.