Effective Leadership Academy

Analysis

Effective Leadership Academy is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Effective Leadership Academy reported income of $1.6m and spending of $1.2m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $620k to $1.6m (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Effective 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 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Southwest Suburban Immigrant Project ($1.6m), Special Kids Fund Inc ($1.6m) and Pathways to Home ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $116k (9.6% of expenses). Other salaries and wages came to $827k. At year end it held assets of $1.3m against liabilities of $93k, net assets of $1.2m. It reported 22 employees.