Lehigh Valley Academy Charter School

Analysis

Lehigh Valley Academy Charter School is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in April 2002, 24 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, Lehigh Valley Academy Charter School reported income of $37.5m and spending of $36.5m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $27.0m to $37.5m (+39%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lehigh Valley Academy Charter School 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 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Malvern Preparatory School ($37.5m), Trinity International University ($37.5m) and The Heron Institute ($37.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Other salaries and wages came to $15.0m. At year end it held assets of $95.3m against liabilities of $95.7m, net assets of -$413k. It reported 378 employees.