CLV Strong Start Academy Elementary Schools Inc

Analysis

CLV Strong Start Academy Elementary Schools Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 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 June 2023, CLV Strong Start Academy Elementary Schools Inc reported income of $3.1m and spending of $2.2m, leaving 29% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.1m to $3.1m (+180%), an average of +180% a year. The sharpest change came in the year to June 2023, when income rose by 180%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, CLV Strong Start Academy Elementary Schools Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NV. Charities of a similar size with the same main cause include Lakeland Christian Academy Association Inc ($3.1m), Texas Association of Private and Parochial Schools ($3.1m) and Mutual Fund Directors Forum ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $146k (6.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $150k, net assets of $1.7m. It reported 20 employees.