Citizens Leadership Academy
Analysis
Citizens Leadership Academy is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 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 2022, Citizens Leadership Academy reported income of $6.4m and spending of $4.7m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $3.2m to $6.4m (+97%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 188%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Citizens Leadership Academy 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 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include South Carolina School Boards Association ($6.4m), Institute of American Indian Arts Trust ($6.4m) and Third Stone ($6.4m).
On its Form 990 for the period ending June 2022, revenue came from contributions and grants 80% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $193k (4.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.6m against liabilities of $9.0m, net assets of -$3.5m. It reported 79 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 0.7%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Carolina School Boards Association | Columbia | $6.4m |
| Institute of American Indian Arts Trust | Santa Fe | $6.4m |
| Third Stone | Seattle | $6.4m |
| Young Womens College Prep Charter School of Rochester | Rochester | $6.4m |