LA Salle School Inc

Analysis

LA Salle School Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in May 2015, 11 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, LA Salle School Inc reported income of $15.2m and spending of $13.0m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.9m to $15.2m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Salle School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Educare of Omaha Inc ($15.2m), New Classrooms Innovation Partners Inc ($15.2m) and Sandia School ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $626k (4.8% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $19.0m against liabilities of $6.5m, net assets of $12.5m. It reported 185 employees.