LA Academia-The Partnership Charter School

Analysis

LA Academia-The Partnership Charter School is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in December 1998, 28 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 Academia-The Partnership Charter School reported income of $5.1m and spending of $5.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $5.1m (+13%), an average of +3.2% a year. 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, LA Academia-The Partnership Charter School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Denver Academy of Torah ($5.1m), Montessori School of McLean ($5.1m) and Virtual Academy of Lafourche Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $287k (5.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $4.5m against liabilities of $6.1m, net assets of -$1.5m. It reported 65 employees.