Phoenix School of Academic Excellence

Analysis

Phoenix School of Academic Excellence is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 1998, 28 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, Phoenix School of Academic Excellence reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $972k to $1.4m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phoenix School of Academic Excellence sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Heritage Christian Academy St Louis ($1.4m), American Association of University Women ($1.4m) and Foundation for a College Education ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $211k (14% of expenses). Other salaries and wages came to $442k. At year end it held assets of $1.3m against liabilities of $1.2m, net assets of $153k. It reported 19 employees.