Collegiate Academies
2625 Thalia St, New Orleans, LA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $64,522,864 | $65,343,292 | $18,516,868 |
| FY2024 | $65,816,538 | $66,307,640 | $19,113,863 |
| FY2023 | $66,468,144 | $60,136,231 | $19,604,965 |
| FY2022 | $53,651,959 | $54,111,369 | $13,273,052 |
| FY2021 | $45,139,366 | $43,701,633 | $13,385,962 |
| FY2020 | $49,893,489 | $42,741,965 | $11,948,229 |
| FY2019 | $37,105,390 | $36,546,525 | $4,796,664 |
| FY2018 | $28,328,900 | $27,498,135 | $4,362,646 |
| FY2017 | $23,316,298 | $21,664,388 | $3,531,881 |
| FY2016 | $20,361,090 | $20,496,239 | $1,879,342 |
| FY2015 | $15,864,789 | $15,778,408 | $2,023,279 |
| FY2014 | $12,347,982 | $12,064,301 | $2,075,920 |
| FY2013 | $9,006,990 | $8,811,700 | $1,699,182 |
| FY2012 | $4,692,940 | $4,429,082 | $1,460,721 |
Form 990 filings
The returns filed by Collegiate Academies (EIN 80-0601507), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $63,574,708 | 99% |
| Program service revenue | $690,879 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $43,272,121 | 66% |
| Management & general | $22,071,171 | 34% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 99% of total revenue in FY2025.
- Program services accounted for 66% of functional expenses, management & general 34%, and fundraising 0%.
- 66% of functional expenses went to program services in FY2025. That is higher than 9.5% of 63 Education organizations in LA.
- Net assets covered about 3.4 months of expenses at the end of the reporting year. That puts it in the 23rd percentile among 563 Education organizations in LA.
- Total revenue was higher than 98.8% of 583 Education organizations in LA.
- Total revenue rose from $4,692,940 in FY2012 to $64,522,864 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2016, FY2022, FY2024, FY2025).
- The highest revenue on record here is $66,468,144 in FY2023.
- Net assets grew from $1,460,721 to $18,516,868 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
COLLEGIATE ACADEMIES BUILDS WORLD-CLASS PUBLIC SCHOOLS THAT PREPARE ALL STUDENTS FOR COLLEGE SUCCESS AND LIVES OF UNLIMITED OPPORTUNITY.
IRS status
| Ruling year | 2010 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B29 — Education (in LA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Community School for Apprenticeship Learning Inc — Baton Rouge, LA · $52,127,791
- Dillard University — New Orleans, LA · $50,720,584
- Foundation for Louisiana Students — Baton Rouge, LA · $50,548,458
- Lafayette Charter Foundation Inc — Lafayette, LA · $79,267,611
- Isidore Newman School — New Orleans, LA · $44,537,984
- University of Louisiana at Lafayette Foundation — Lafayette, LA · $41,784,322
- Inspirenola Charter Schools — New Orleans, LA · $89,877,052
- Lake Charles Charter Academy Foundation Inc — Lake Charles, LA · $38,064,894
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.