Prosperitas Leadership Academy Inc

Analysis

Prosperitas Leadership Academy Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Prosperitas Leadership Academy Inc reported income of $1.1m and spending of $1.2m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.1m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prosperitas Leadership Academy Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Sacramento Splash ($1.1m), Association of Latino Administrators and Superintendents ($1.1m) and Casa Montessori Child Development Centers Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.1m against liabilities of $2.1m, net assets of $5,088.