Academy Services Corporation

Analysis

Academy Services Corporation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy Services Corporation reported income of $3.2m and spending of $1.8m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.2m (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy Services Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Ohio Association of Community Colleges ($3.2m), Covenant Grace Christian Academy Inc ($3.2m) and Occ Transport Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Other salaries and wages came to $969k. At year end it held assets of $5.8m against liabilities of $40k, net assets of $5.8m. It reported 37 employees.