The Lyceum

Analysis

The Lyceum is a registered charity in United States, based in South Euclid, OH. It received its IRS tax-exemption ruling in December 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 June 2023, The Lyceum reported income of $768k and spending of $702k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $529k to $768k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Lyceum sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Samaritan Hope Empowerment Services Inc ($768k), Bridges Academy Austin LLC ($768k) and Partners in Routt County ($768k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $96k (14% of expenses). Other salaries and wages came to $329k. At year end it held assets of $437k against liabilities of $28k, net assets of $409k. It reported 12 employees.