The Stellar Academy for Dyslexics

Analysis

The Stellar Academy for Dyslexics is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in November 1988, 38 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 August 2023, The Stellar Academy for Dyslexics reported income of $571k and spending of $640k, spending 112% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $575k to $571k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to August 2023, when income dropped by 26%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Stellar Academy for Dyslexics 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 74th percentile within CA. Charities of a similar size with the same main cause include National Assistance League ($571k), New York Council Navy League of the United States Inc ($571k) and Pawnee Development Foundation Inc ($571k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $139k (22% of expenses). Other salaries and wages came to $266k. At year end it held assets of $561k against liabilities of $177k, net assets of $383k. It reported 11 employees.