Ignite College and Career Academy

Analysis

Ignite College and Career Academy is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in January 2023, 3 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 December 2023, Ignite College and Career Academy reported income of $104k and spending of $95k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $208k to $104k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ignite College and Career Academy sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include Wyalusing Public Library ($104k), MZ Foundation ($104k) and Magen Abraham Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $148k against liabilities of $363, net assets of $148k.