Our Academy

Analysis

Our Academy is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Our Academy reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $168k to $1.3m (+650%), an average of +650% a year. The sharpest change came in the year to December 2023, when income rose by 650%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Our Academy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Measure Austin ($1.3m), College Bound Inc ($1.3m) and Anson County Partnership for Children ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $154k (14% of expenses). At year end it held assets of $219k against liabilities of $30k, net assets of $190k. It reported 2 employees.