Inwood Academy for Leadership Charter School

Analysis

Inwood Academy for Leadership Charter School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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, Inwood Academy for Leadership Charter School reported income of $27.6m and spending of $28.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.8m to $27.6m (+39%), an average of +8.7% a year. 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, Inwood Academy for Leadership Charter School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Crossroads Charter Schools ($27.6m), Westside Neighborhood School ($27.6m) and College Now Greater Cleveland Inc ($27.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $678k (2.4% of expenses). Other salaries and wages came to $12.3m. At year end it held assets of $67.2m against liabilities of $55.7m, net assets of $11.4m. It reported 217 employees.