Childrens Academy

Analysis

Childrens Academy is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in May 1999, 27 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, Childrens Academy reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+31%), an average of +6.9% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Colorado Professional Golfers Association Foundation Inc ($1.7m), Usg United Scientific Group ($1.7m) and Davis Kids Klub ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $169k (11% of expenses). Other salaries and wages came to $786k. At year end it held assets of $364k against liabilities of $32k, net assets of $332k. It reported 27 employees.