Canyon State Academy Inc

Analysis

Canyon State Academy Inc is a registered charity in United States, based in Queen Creek, AZ. It received its IRS tax-exemption ruling in June 1952, 74 years ago. 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 June 2023, Canyon State Academy Inc reported income of $4.1m and spending of $4.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.2m to $4.1m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canyon State Academy Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include American Association of Law Libraries ($4.1m), Heartland Institute ($4.1m) and Sandhills School ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 74% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $4.6m against liabilities of $488k, net assets of $4.1m.