Calibre Academy Inc

Analysis

Calibre Academy Inc is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in October 2003, 23 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, Calibre Academy Inc reported income of $6.3m and spending of $5.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $6.3m (+28%), an average of +6.4% 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, Calibre Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Gesher School Inc ($6.3m), The Fletcher Academy School of Achievement Inc ($6.3m) and Senator George J Mitchell Scholarship Research Institute ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 5.1% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $12.2m against liabilities of $13.9m, net assets of -$1.7m. It reported 72 employees.