East Bridge Academy of Excellence

Analysis

East Bridge Academy of Excellence is a registered charity in United States, based in Kent, OH. It received its IRS tax-exemption ruling in August 2008, 18 years ago. 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, East Bridge Academy of Excellence reported income of $2.1m and spending of $2.3m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $799k to $2.1m (+165%), an average of +28% a year. The sharpest change came in the year to June 2020, when income rose by 201%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Bridge Academy of Excellence sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Little Sisters of Jesus and Mary Inc ($2.1m), Wish for Our Heroes Inc ($2.1m) and University of Florida Leadership and Education Foundation Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.6m against liabilities of $3.7m, net assets of -$2.1m.