Aletheia School

Analysis

Aletheia School is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in February 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 December 2023, Aletheia School reported income of $542k and spending of $532k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $542k (+137%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aletheia School sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include John Jay Center for Learning Inc ($542k), Abc of North Shore Community School Inc ($542k) and Msho Foundation ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $352k. At year end it held assets of $143k against liabilities of $68, net assets of $143k. It reported 34 employees.