Center for Academic Success

Analysis

Center for Academic Success is a registered charity in United States, based in Sierra Vista, AZ. It received its IRS tax-exemption ruling in August 2002, 24 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, Center for Academic Success reported income of $16.2m and spending of $13.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.0m to $16.2m (+34%), an average of +7.6% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Academic Success sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Wasatch Academy ($16.2m), Big Apple Institute Inc ($16.2m) and Santa Rosa County School Readiness Coalition ($16.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (0.7% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $21.6m against liabilities of $8.9m, net assets of $12.7m.