Abadie Academy Inc

Analysis

Abadie Academy Inc is a registered charity in United States, based in Santa Rsa BCH, FL. It received its IRS tax-exemption ruling in August 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, Abadie Academy Inc reported income of $386k and spending of $342k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $386k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abadie Academy Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include California Fire Chiefs Ems Fire and Education Foundation ($386k), Pittsburgh Jewish Pre-Kindergarten Educational Improvement Foundation ($386k) and Hope & Future Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $216k. At year end it held assets of $81k against liabilities of $15k, net assets of $66k. It reported 7 employees.