Laura Jeffrey Academy

Analysis

Laura Jeffrey Academy is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 2008, 18 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, Laura Jeffrey Academy reported income of $1.6m and spending of $1.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.6m (-20%), an average of -5.6% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laura Jeffrey Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Mountainside Montessori ($1.6m), Laurel Leadership Institute ($1.6m) and Center for Creative Change ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $168k (13% of expenses). Other salaries and wages came to $826k. At year end it held assets of $1.1m against liabilities of $1.8m, net assets of -$705k. It reported 32 employees.