Albany Leadership Charter High School for Girls

Analysis

Albany Leadership Charter High School for Girls is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in February 2011, 15 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, Albany Leadership Charter High School for Girls reported income of $7.0m and spending of $8.2m, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.4m to $7.0m (+30%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albany Leadership Charter High School for Girls sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include South Tech Preparatory Academy Inc ($7.0m), Workforce Development Corp ($7.0m) and Southfield School ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $327k (4.0% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $12.1m against liabilities of $10.8m, net assets of $1.3m. It reported 146 employees.