American Electrical Academy Inc

Analysis

American Electrical Academy Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2022, 4 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, American Electrical Academy Inc reported income of $137k and spending of $123k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $137k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Electrical Academy Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include PTA Texas Congress ($137k), Cultivate Studios Corporation C-O Sydney Loper ($137k) and Shelby County Schools Education Foundation ($137k).

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 $14k against liabilities of $0, net assets of $14k.