Leading Edge Academy Maricopa

Analysis

Leading Edge Academy Maricopa is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Leading Edge Academy Maricopa reported income of $9.4m and spending of $8.3m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $9.4m (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leading Edge Academy Maricopa sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include 40 Days for Life ($9.4m), Capitol Hill Day School ($9.4m) and Community Roots Charter School ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.5% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $13.4m against liabilities of $7.0m, net assets of $6.4m. It reported 121 employees.