Lead Public Schools Inc

Analysis

Lead Public Schools Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in July 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, Lead Public Schools Inc reported income of $48.9m and spending of $44.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.7m to $48.9m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lead Public Schools Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Baker University ($48.8m), June Shelton School and Evaluation Center ($48.9m) and Scope Education Services ($48.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.1m (2.4% of expenses). Other salaries and wages came to $22.4m. At year end it held assets of $39.0m against liabilities of $7.6m, net assets of $31.4m. It reported 534 employees.