Example Academy Inc-Nfp

Analysis

Example Academy Inc-Nfp is a registered charity in United States, based in Bourbonnais, IL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Example Academy Inc-Nfp reported income of $184k and spending of $202k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $223k to $184k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Example Academy Inc-Nfp sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Bi-Stone Casa ($184k), Confac Group Homes Inc ($184k) and Washoe Bridge Society ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 65% of the total. At year end it held assets of $1 against liabilities of $18k, net assets of -$18k.