Arches Academy

Analysis

Arches Academy is a registered charity in United States, based in Apache JCT, AZ. It received its IRS tax-exemption ruling in May 2020, 6 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, Arches Academy reported income of $582k and spending of $703k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $336k to $582k (+73%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 120%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arches Academy sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Anastasis Academy ($582k), Private School Axis ($582k) and Storybridge Inc ($582k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $93k (13% of expenses). Other salaries and wages came to $270k. At year end it held assets of $137k against liabilities of $234k, net assets of -$97k. It reported 23 employees.