De LA Salle Academy

Analysis

De LA Salle Academy is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1988, 38 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 2023, De LA Salle Academy reported income of $5.5m and spending of $7.4m, spending 135% of what it took in. Across the 5 years on record, from August 2019 to June 2023, income fell from $6.0m to $5.5m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, De LA Salle Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include National Education Opportunity Network Inc ($5.5m), Lead Academy ($5.5m) and Urban Community School Property Foundation ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $223k (3.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $16.1m against liabilities of $2.6m, net assets of $13.5m. It reported 33 employees.