Hidaya Academy of Champaign-Urbana

Analysis

Hidaya Academy of Champaign-Urbana is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in April 2023, 3 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 2024, Hidaya Academy of Champaign-Urbana reported income of $498k and spending of $446k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $175k to $498k (+185%), an average of +185% a year. The sharpest change came in the year to June 2024, when income rose by 185%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hidaya Academy of Champaign-Urbana sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Plumbing-Heating-Cooling Contractors Academy of San Diego ($497k), Amani Women Center Inc ($498k) and Money Savvy Generation Foundation ($497k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $257k. At year end it held assets of $364k against liabilities of $126k, net assets of $238k.