Global Leadership Academy Charter School

Analysis

Global Leadership Academy Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2001, 25 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, Global Leadership Academy Charter School reported income of $13.0m and spending of $13.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.0m to $13.0m (+30%), an average of +6.8% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Leadership Academy Charter School 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 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Uncommon Thread ($13.0m), Liberty Charter School ($13.1m) and Integrow Numeracy Solutions ($13.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $564k (4.1% of expenses). At year end it held assets of $14.1m against liabilities of $19.2m, net assets of -$5.1m. It reported 103 employees.