St Hope Leadership Academy

Analysis

St Hope Leadership Academy is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2009, 17 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, St Hope Leadership Academy reported income of $5.9m and spending of $5.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.2m to $5.9m (-3.6%), an average of -0.9% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Hope Leadership Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Friends of New World Prep Inc ($5.9m), Young Womens Preparatory Network ($5.9m) and Sacramento Valley Charter School ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $235k (4.0% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $5.6m against liabilities of $560k, net assets of $5.0m. It reported 67 employees.