International a L E R T Academy

Analysis

International a L E R T Academy is a registered charity in United States, based in Big Sandy, TX. It received its IRS tax-exemption ruling in June 2003, 23 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 December 2023, International a L E R T Academy reported income of $1.4m and spending of $1.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International a L E R T Academy sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Friends of Saiacs ($1.4m), Chevy Chase-Bethesda Community Childrens Center Inc ($1.4m) and Stokes Partnership for Children Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $19k (1.3% of expenses). Other salaries and wages came to $443k. At year end it held assets of $732k against liabilities of $230k, net assets of $502k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.