Academy of Health Inc

Analysis

Academy of Health Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy of Health Inc reported income of $192k and spending of $115k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $192k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Academy of Health Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Biodynamic Craniosacral Therapy Association of North America ($192k), Murray Greenhouse Foundation ($192k) and Kentucky Elks Association Kids with Cancer Charitable Fund Inc ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 97% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.