Academic Leadership Charter School

Analysis

Academic Leadership Charter School is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 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, Academic Leadership Charter School reported income of $12.2m and spending of $6.0m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.2m to $12.2m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academic Leadership Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include West Philadelphia Achievement Charter Elementary School ($12.2m), Manlius Pebble Hill School ($12.2m) and North Mississippi Education Consortium Inc ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $538k (9.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $74.7m against liabilities of $21.9m, net assets of $52.7m. It reported 57 employees.