LA Salle Academy

Analysis

LA Salle Academy is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2003, 23 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, LA Salle Academy reported income of $2.4m and spending of $2.2m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.2m to $2.4m (-43%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 35%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Salle Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Michigan Hospitality Foundation ($2.4m), Elevate Early Education Inc ($2.4m) and Sycamore Creek Community Charter School ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $187k (8.4% of expenses). Other salaries and wages came to $945k. At year end it held assets of $16.2m against liabilities of $0, net assets of $16.2m. It reported 25 employees.