Encompass Academy

Analysis

Encompass Academy is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in January 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 July 2023, Encompass Academy reported income of $566k and spending of $507k, spending 90% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $408k to $566k (+39%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Encompass Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Norfolk Public Schools Foundation Inc ($566k), Equitech Futures Foundation ($566k) and South Carolina First Steps to School Readiness Board of Trustees ($566k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Other salaries and wages came to $382k. At year end it held assets of $215k against liabilities of $66k, net assets of $149k. It reported 13 employees.