A Cappella Academy Inc

Analysis

A Cappella Academy Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Cappella Academy Inc reported income of $237k and spending of $255k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $191k to $237k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Cappella Academy Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include West Virginia Farmers Market Association Incorporated ($237k), Webster Hope Inc ($237k) and Four Streams Partners Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Other salaries and wages came to $8,291. At year end it held assets of $20k against liabilities of $0, net assets of $20k. It reported 8 employees.