Aventura Community Schools

Analysis

Aventura Community Schools is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 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 June 2023, Aventura Community Schools reported income of $3.1m and spending of $2.6m, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.1m to $3.1m (+187%), an average of +187% a year. The sharpest change came in the year to June 2023, when income rose by 187%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aventura Community Schools sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Alpine Achievers Initiative ($3.1m), Northeast Claiborne Charter School ($3.1m) and The Crucible ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $277k (10% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $1.6m, net assets of $1.0m. It reported 22 employees.