100 Academy of Excellence Inc

Analysis

100 Academy of Excellence Inc is a registered charity in United States, based in N Las Vegas, NV. It received its IRS tax-exemption ruling in September 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, 100 Academy of Excellence Inc reported income of $4.6m and spending of $5.1m, spending 111% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $5.9m to $4.6m (-22%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 100 Academy of Excellence Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NV. Charities of a similar size with the same main cause include California Association of Directors of Activities ($4.6m), National Council on Teacher Quality ($4.6m) and Lighthouse Private Christianacademy Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $14.6m against liabilities of $16.5m, net assets of -$1.9m.