Great Expectations Academy Inc

Analysis

Great Expectations Academy Inc is a registered charity in United States, based in Sahuarita, AZ. It received its IRS tax-exemption ruling in March 2000, 26 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, Great Expectations Academy Inc reported income of $2.6m and spending of $2.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $2.6m (+1.2%), an average of +0.3% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Expectations Academy Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Constellation Schools Stockyard Community Elementary ($2.6m), Southland Christian Ministries Inc ($2.6m) and Meridian Medical Arts Charter High ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $225k (8.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $212k, net assets of $1.5m. It reported 56 employees.