Emerald Heights Academy

Analysis

Emerald Heights Academy is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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, Emerald Heights Academy reported income of $607k and spending of $719k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $491k to $607k (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Emerald Heights Academy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($607k), Guido Evangelistic Association Inc ($607k) and Brain Injury Alliance of Connecticut Inc ($607k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $92k (13% of expenses). Other salaries and wages came to $350k. At year end it held assets of $364k against liabilities of $5,307, net assets of $359k. It reported 16 employees.