League School

Analysis

League School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 1954, 72 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 June 2023, League School reported income of $17.6m and spending of $19.7m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.0m to $17.6m (+9.7%), an average of +2.4% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, League School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Vna Hospice of Indian River County Inc ($17.5m), St George Village-Catholic Community Retirement Center ($17.6m) and Caritas of Austin ($17.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $702k (3.6% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $5.8m against liabilities of $27.8m, net assets of -$22.0m. It reported 387 employees.