Crown Leadership Academy

Analysis

Crown Leadership Academy is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in January 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, Crown Leadership Academy reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.9m (+57%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crown Leadership Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within SC. Charities of a similar size with the same main cause include Byrneville Elementary School Inc ($1.9m), Marjorie Williams Academy ($1.9m) and Steele County Agricultural Society ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $74k against liabilities of $109k, net assets of -$35k. It reported 40 employees.