Leadership Academy of Madison County
Analysis
Leadership Academy of Madison County is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Leadership Academy of Madison County reported income of $174k and spending of $183k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $170k to $174k (+2.1%), an average of +2.1% a year. Over the whole period it spent 111% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Academy of Madison County sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Adams Township School District Foundation Inc ($174k), Powherful Foundation Inc ($174k) and Africa Christian Training Institute ($174k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $137k against liabilities of $8,771, net assets of $128k.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 40%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Adams Township School District Foundation Inc | Painesdale | $174k |
| Powherful Foundation Inc | New York | $174k |
| Africa Christian Training Institute | Panama City | $174k |
| Oregon School Food Service Association | Lake Oswego | $174k |