Holly Drive Leadership Academy

Analysis

Holly Drive Leadership Academy is a registered charity in United States, based in San Diego, CA. 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, Holly Drive Leadership Academy reported income of $1.8m and spending of $1.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.8m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holly Drive Leadership Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Trinity Classical Academy ($1.8m), College of the Mainland Foundation Inc ($1.8m) and Rochelle Zell Jewish High School Endowment Fund ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $161k (9.0% of expenses). Other salaries and wages came to $758k. At year end it held assets of $1.4m against liabilities of $793k, net assets of $643k. It reported 23 employees.