Central Florida Leadership Academy

Analysis

Central Florida Leadership Academy is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 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 2024, Central Florida Leadership Academy reported income of $984k and spending of $1.2m, spending 126% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.6m to $984k (-40%), an average of -9.7% a year. The sharpest change came in the year to June 2022, when income dropped by 34%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Florida Leadership Academy sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Leadership Greater Huntsville Inc ($984k), Asian American Scholar Forum Inc ($984k) and Brooklyn College Auxiliary Enterprises Corporation ($984k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 83% of the total. Other salaries and wages came to $682k. At year end it held assets of $469k against liabilities of $125k, net assets of $345k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.