Leadership Education and Athletics in Partnership Inc

Analysis

Leadership Education and Athletics in Partnership Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Leadership Education and Athletics in Partnership Inc reported income of $6.2m and spending of $5.5m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.2m to $6.2m (+189%), an average of +30% a year. The sharpest change came in the year to August 2020, when income rose by 58%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Education and Athletics in Partnership Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Legion Collegiate Academy ($6.2m), Association of Theological Schools ($6.2m) and Interdistrict School for Arts and Communication Inc ($6.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $90k (1.6% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $5.1m against liabilities of $229k, net assets of $4.9m. It reported 407 employees.