Vine Academy Inc

Analysis

Vine Academy Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in March 2024, 2 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, Vine Academy Inc reported income of $616k and spending of $621k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $364k to $616k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vine Academy Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Jay and Marsha Millard Foundation ($616k), Childrens Garden Montessori ($616k) and Collier County Senior Resource Center Inc ($616k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $52k (8.3% of expenses). Other salaries and wages came to $299k. At year end it held assets of $9,181 against liabilities of $41k, net assets of -$32k.