Hope Leadership Academy Charter School

Analysis

Hope Leadership Academy Charter School is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 2010, 16 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, Hope Leadership Academy Charter School reported income of $2.1m and spending of $1.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.1m (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Leadership Academy Charter School sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Latinos in Action Inc ($2.1m), Marble Charter School Inc ($2.1m) and Ibis Group ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $157k (8.1% of expenses). Other salaries and wages came to $832k. At year end it held assets of $776k against liabilities of $0, net assets of $776k. It reported 34 employees.