Southwest Leadership Academy

Analysis

Southwest Leadership Academy is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2007, 19 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, Southwest Leadership Academy reported income of $11.0m and spending of $13.6m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.7m to $11.0m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Leadership Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Signature Preparatory Inc ($11.0m), American Antiquarian Society ($11.0m) and Horizon Science Acadamey Toledo ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $373k (2.7% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $11.5m against liabilities of $12.2m, net assets of -$723k. It reported 92 employees.