Discovery Plus Academy

Analysis

Discovery Plus Academy is a registered charity in United States, based in Pima, AZ. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Discovery Plus Academy reported income of $1.4m and spending of $1.2m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.4m (+44%), an average of +9.5% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery Plus Academy 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 India Transformed ($1.4m), Finishing Trades Institute of Western and Central New York ($1.4m) and Iron Academy ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $100k (8.4% of expenses). Other salaries and wages came to $621k. At year end it held assets of $2.0m against liabilities of $13k, net assets of $2.0m. It reported 32 employees.